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Capital Market Outlook

June 29, 2020

IN THIS ISSUE

  • Macro Strategy— Something Old and Something New — Every recession is similar to and different from previous downturns.
  • Global Market View— Foundation Building for the Secular Bull Market — We see several factors emerging as foundation for a long-term advance for U.S. equities.
  • Thought of the Week— Bullish Indicator: U.S. Capital Inflows Remain Robust — As a long-term bullish indicator, foreign demand for U.S. securities remains robust and supportive across multiple asset classes.​

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