Vantage Point
Welcome to another edition of Vantage Point, the quarterly economic and markets outlook from the BNY Investment Strategy & Research Group.
Outlook
In our annual outlook, investment and market leaders across BNY tackle six key questions we believe will define the year ahead.
Market Pulse Video Series
The Market Pulse video series features timely, actionable insights from our key investment professionals and thought leaders — to help you stay informed and make confident decisions in today's markets.
Article | Economy
Mega IPOs and faster index inclusion rules may reshape liquidity, float, weighting, and execution for index investors and benchmark tracking.
Chart of the Week | Economy
Although companies benefiting most directly from AI-related capital spending are the main drivers of higher earnings, strength is no longer confined to that group. Earnings across the broader market remain solid and are expected to grow more than 10% this year and next, suggesting the risk of concentrated market leadership may not be founded.
Article | Economy
A surge in energy prices pushed the latest U.S. Consumer Price Index (CPI) reading above forecasts, reinforcing the case that inflation could remain higher for longer. Higher energy prices have also increased market volatility and uncertainty around the path of interest rates.
Article | Equities
Investors often associate large cap equities with passive strategies, especially in large cap blend. This is not surprising given that over the past three years, the median manager in the active large cap blend space outperformed the benchmark only 3% of the time after fees.
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