Most “risky” assets have taken a knock in the past month. But this mainly seems to reflect an adjustment in valuations to higher “risk-free” rates, rather than growing concerns about tighter policy leading to an economic downturn. We think that further falls in most risky assets are on the cards as the US economy shows clearer signs of weakening later on this year.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services