LC Investment Playbook Weekly Update - 24 June 2022

Macro Highlights

: Falling in Sync, Frothy Real Estate

Fixed Income Highlights

: Japan Bond Market in Turmoil,

Equity Highlights

: History of past stock market corrections, S&P 500 set for one its worst H1 performance, Danger for equities is earnings, not valuations, Supportive Results for China’s Ecommerce Sector,

Currencies & Commodities

: JPY At 25-Year Low