6 min listen
Three Thoughts on the US Equity Market’s Recent Resiliency
Three Thoughts on the US Equity Market’s Recent Resiliency
ratings:
Length:
5 minutes
Released:
Nov 2, 2021
Format:
Podcast episode
Description
This week in the podcast, we review our latest thoughts on the US equity market’s recent resiliency. The big things you need to know: First, US equities tend to outperform bonds when the Fed is hiking rates, providing one longer-term reason for US equity market resiliency as the timing of Fed rate hikes remains in focus. Second, negative real yields, which are close to their lowest levels post Financial Crisis, also remain supportive of US equity markets for now. Third, last month’s peak in freight rates helped to put in what has been, at least for the moment, a bottom in the S&P 500 and the cyclical trade as investors have been inclined to latch onto glimmers of hope on the supply chain problem.
Released:
Nov 2, 2021
Format:
Podcast episode
Titles in the series (100)
What We’ve Learned So Far In 2Q20 Reporting Season by RBC's Markets in Motion