ACTV - U.S. And Japan: A Tale Of Two Overweights

2024-03-18 12:05:00 ET

Summary

• Markets see a positive near-term macro and corporate backdrop for the U.S. and Japan. We eye risks ahead but remain overweight stocks in both countries.
• U.S. stocks were largely flat last week after hotter-than-expected inflation data. Both 10-year U.S. Treasury and Japanese government bond yields rose.
• The Fed policy decision is in focus this week. We see Fed rates staying higher for longer than pre-pandemic. We watch how the Bank of Japan interprets inflation.

Transcript

Inflation is in the spotlight again, thanks to some recent data surprises and the U.S. Federal Reserve and Bank of Japan both holding meetings this week....

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