Rate Hikes, Oil Surges and Portfolio Effects

Le Temps

Lean Left

Factuality

Ownership

The storm does not seem close to calming down in the short term, between US mid-term elections and geopolitical tensions. Yet, the profits of companies continue to grow across the AtlanticAt this moment, one can feel like driving in the rain, with rising wind and the light decreasing: several concomitant factors reduce visibility. Higher bond yields weigh on asset prices, expensive energy maintains inflation and high rates increase the risk of a…