Summary
- A latest survey reading of US consumers rose in May, after declining for three months in a row.
- However, concerns over high prices, especially food and groceries, and high rates may impact US consumption later.
- Investors may consider other international markets for attractively-priced asset classes.
Actionable ideas
- Global equities
Global divergences and improving economic outlooks may present opportunities in regions such as Europe, UK and emerging markets.
- Multi asset
A multi asset approach allows investors to stay flexible and potentially benefit from the growth potential of diverse* asset classes and regions.
Key Dates
4 June Brazil GDP, South Korea CPI |
6 June ECB policy, EZ retail 7 June sales |
7 June US labour markets, EZ GDP, RBI policy |