A Potential Expiration Date - a podcast by Lori Calvasina

This week in the podcast, we
take a look at the historical playbook around Fed tapering and hiking, and what
it means for our US equity market outlook. We’ve moved into the flattening camp
on multiples, as Fed rate hikes are historically a headwind for forward P/E’s.
While we don’t think these trades are done playing out yet, we think Fed
tapering and rate hikes, and the cooling off of economic growth that’s already
anticipated for 2023, put a potential expiration date on the rotation into
Value, Cyclicals, and Small Caps.

Further episodes of RBC's Markets in Motion

Further podcasts by Lori Calvasina

Website of Lori Calvasina