LC Investment Playbook Weekly Update - 3 June 2022

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

• Macro Highlights:

  US economy, ECB developments, China's easing and fiscal boost

• Fixed Income Highlights:

  Zombie firms to face hard times

• Equity Highlights:

  Have S&P500 stopped being expensive, US market cap to GDP ratio

• Currencies & Commodities:

  Exaggerated rates expectations in DXY