Capital Market Outlook

IN THIS ISSUE

• Macro Strategy — Will Monetary Policy Stop Fiscal Profligacy?:  The odds of a more protracted recession and bear market in stocks are rising.
  
• Global Market View — Risk Monitor: The Good, The Bad and On Our Radar: We review some of the positive and negative factors that have influenced markets, in our view, as well as some factors on our radar.
  
• Thought of the Week — Will Private Markets Continue To Grow Faster Than Public Markets?: We examine the question of whether Private Markets growth will resume its previous trajectory.