LC Investment Playbook Weekly Update - 22 April 2022

In this week's update the Investment Consulting Team have provided their analysis and recommendations on the following

• Macro Highlights:

  Red hot US inflation, resilient consumers despite inflation, housing is key to Fed's hawkish limit

• Fixed Income Highlights:

  US real yields back in positive territory, quick look at BoJ, ECB and PBOC

• Equities Highlights:

  JP Morgan 'bad quarter', Japanese stocks start looking attractive, Semicon likely to underperform

• Currencies & Commodities:

  China's FX reserves, CNY vs USD, natural gas at highest price since 2008