Faith in the Fed, Faith in Fiber

Global equity markets have remained near record highs over the past few days following the Fed’s 25bp cut on Wednesday, and which investors have arguably seen as a key prop even without a full dovish pivot. Clearly AI optimism is also doing some heavy lifting. In our charts this week we drill into:

• Equity markets and consumer confidence
• Inflation expectations and oil prices
• Forecasts for US profitability
• The Fed and Asia's policy rates
• Global food prices
• UK inflation