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Capital Market Outlook

August 30, 2021

IN THIS ISSUE

  • Macro Strategy — Supply Chains, Inventories and Inflation: Trends from around the world show supply chain bottlenecks have been holding back global growth to a degree not seen since at least the 1970s.
  • Global Market View — The Four Horsemen of the Digital Revolution: The next wave of the digital revolution will help to provide a significant shift up in real gross domestic product and productivity growth as a larger share of the economy is driven by technology.
  • Thought of the Week — Consumer Strength is Moderating: We are starting to see some churn below the surface amid increasing uncertainty over the near-term economic outlook.

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