The Fed and the US stock market remain on a collision course. The Fed will not make a dovish pivot until the stock market sell off, and equities cannot rally unless the Fed backs off.
A hawkish Fed amid a global trade/manufacturing recession is producing a bearish cocktail for global risk assets in general and EM risk assets in particular.
Read our complimentary report to hear from Arthur Budaghyan, Chief Emerging Markets Strategist at BCA Research on his outlook for US inflation, the Fed, global growth and investment strategy in the current environment.
When facing headwinds, BCA Research will anchor your decisions.
