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Central Bank Tightening: What Consequences for Stocks, Bonds, Real Estate, and Commodities?

7/17/2017

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The Fed led the way with monetary tightening and now the Northern neighbour Canada has started to follow with a shift in tone and policy. The global economy is finally out of the rut caused by the 2008 shock and the ongoing stagnation and drama in Europe.
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After the shock and stagnation of 2008–2012 and some return to recessionary momentum in some countries in 2012, we are now entering a new phase in the global cycle, with modest “reflation” and growth.
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