1. Why are US bond yields rising?
Longview Economics argues that the recent rise in US bond yields reflects stronger growth and higher real yields more than abnormal fiscal stress or a major rise in long-term inflation expectations.
2. What does stronger growth mean for gold and copper?
A stronger economic backdrop can favour industrial commodities differently from traditional defensive assets. Chris explains why the current stage of the cycle may be more supportive for copper and other industrial commodities than for gold.
3. Is the US equity market in a bubble?
High valuations can indicate that markets are late-cycle, but they do not necessarily tell investors when the cycle will end. Longview looks beyond valuation alone, focusing on liquidity, credit conditions and corporate balance sheets.
4. Which global equity markets still look cheap?
Not every equity market is expensive. Longview continues to identify cheaper, less crowded opportunities across global markets, including parts of Southeast Asia.
5. What are the key hidden risks in global markets?
Some risks sit away from headline equity indices. One area highlighted in the webinar is private credit, where weaker parts of the market may deserve closer attention.
From Longview Research
Longview’s latest Longview on Friday, “Bonds → Time to Panic or Time to Buy?”, argues that rising government bond yields are consistent with improving growth momentum and a normalisation of bond market behaviour.
Longview also distinguishes between the short-term tactical view and the longer-term strategic view: bonds may rally over the next few months, while stronger growth and rising demand for capital could push yields higher over a longer horizon.
Explore Longview Economics
Longview Economics provides independent global macro, market strategy and asset allocation research to institutional investors, helping CIOs and investment teams assess economic cycles, tactical opportunities and longer-term market trends. We offer companies a three month free trial. This will give you access to all our research and invitations to our Global Macro & Markets webinars each quarter.