Q1 22 | EASTERN EUROPE AND THE FED TAKE CENTRAL STAGE 

INVESTMENT ENVIRONMENT EQUITY MARKETS FIXED INCOME MARKETS
Fed is behind the curve, but the hiking cycle is now underway and future policy
must navigate both high inflation and growth risks.
A geopolitical curveball boosts commodities but cools growth expectations.
Resource heavy indices grab the spotlight.
Hawkish rhetoric implies that policy normalization will proceed at a rapid pace. A large uptick in interest rates hurt bonds in the quarter.

Download the PDF to read more