LC Investment Playbook Weekly Update - 8 July 2022

Macro Highlights:

US Real Spending Contracted in May, Consumer Sentiment- Eurozone aggregate, Watch Unemployment in the US

Fixed Income Highlights:

No. of distressed European Bonds Rises, High Yield Spreads

Equities Highlights:

Hong Kong is Expecting Big China IPO Deals, Valuations are still not cheap, Investors continue to buy the dip

Forex, Commodities & Alternatives Highlights:

Oil back below 100$, EUR/USD Close To Parit