09
Oct
High concentration risk in U.S stocks
GDP is expected to slow in Q3 and Q4. Leading indicators are optimistic. Downward revisions to job creation figures. Hikes in key interest rates. Inflation remains on an upward trend. High bond yields. Growing interest in the U.S. dollar.
Key points
- Resilience in Q2 and controlled inflation absorption
- Expected deceleration in GDP in Q3
- Leading indicators are supported by the services sector
- Regular downward revisions to job creation figures
- The Fed rules out any preemptive rate cut
- Inflation stabilizes at a high level over the summer
- Rising volatility and bond yields
- The Fed’s tightening reignites interest in the greenback
- High concentration risk in equities
