Equity and Fixed Income Strategy - January 2024

We are already seeing some optimistic signals. First, far from deteriorating, our recession probability model has shown improvement with the odds of a recession ticking down to about 40%....

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Global Markets Commentary 2023 Year in Review: Bankers, Barbie and Bounce Back

When we look back on 2023, the tragedies in Ukraine and the Middle East will sadly stand out in our memories. For capital markets, banks at all levels (regional, global and central) drove a volatile year....

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