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Global X House Views – September 2022

DKosig

Elevated inflation, slowing global economic growth expectations, and reduced central bank liquidity remain the key economic considerations. Together, they create a typical late cycle environment, but with a few extra complications from the war in Ukraine.

Europe’s growing energy crisis has implications for inflation and economic growth, while also presenting investment opportunities.

Global Macro

The Federal Reserve (FED) heightened the focus on inflation and interest rates at their economic policy symposium at Jackson Hole. The Fed’s commitment to bring inflation under control has global economic implications as central banks may need to keep pace with the Fed despite economic weakness.

While it remains a balancing act between interest rate sensitivity and economic growth sensitivity, Jackson Hole reset expectations to focus more on inflation.

Regional Macro

U.S. Equities Over International Developed Market…

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