First Vice President - Financial Advisor, Portfolio Director
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Financial markets need the reopening of the Strait of Hormuz. This would permit inflation to subside, keep bond yields in check, head off a renewed central bank tightening cycle, and improve the prospects for corporate earnings.
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While semiconductor stock performance dominated headlines in the first half, the U.S. equity rally is more than a simple semi story. We dissect four key catalysts that held sway over performance and provide thoughts on what lies ahead for investors.
Businesses may increasingly find their ability to pass higher prices on to U.S. consumers is eroding for the first time after the pandemic.
