It gives us great pleasure to announce that going forward, we’ve teamed up with The Red Thread as a means of connecting thinking across our industry. We believe that by unearthing the key threads that run though market trends, our readers should be able to see opportunity and risk with greater clarity.
While the current market landscape is hardly ‘predictable’, it does seem to have fallen into a pattern of sorts lately. Macro indicators have been stabilizing – economic growth remains stable and has surprised to the upside in some regions, greatly reducing hard-landing risks. Though long-term rates have remained higher for longer despite recent rate cuts, the direction of travel is cle ar so risks have been priced in.
Private markets have faced headwinds from the denominator effect following weakness in public equities in 2022. But global equities are up 40% in the past two years, which should reduce any straggling adverse impacts. With the biggest election year in human history already behind us, it seems reasonable to say that the problems ahead are more known than unknown, as least compared to 12 months ago.
Our semi-annual insights into private markets
It gives us great pleasure to announce that going forward, we’ve teamed up with The Red Thread as a means of connecting thinking across our industry. We believe that by unearthing the key threads that run though market trends, our readers should be able to see opportunity and risk with greater clarity.
While the current market landscape is hardly ‘predictable’, it does seem to have fallen into a pattern of sorts lately. Macro indicators have been stabilizing – economic growth remains stable and has surprised to the upside in some regions, greatly reducing hard-landing risks. Though long-term rates have remained higher for longer despite recent rate cuts, the direction of travel is cle ar so risks have been priced in.
Private markets have faced headwinds from the denominator effect following weakness in public equities in 2022. But global equities are up 40% in the past two years, which should reduce any straggling adverse impacts. With the biggest election year in human history already behind us, it seems reasonable to say that the problems ahead are more known than unknown, as least compared to 12 months ago.