The first quarter of 2022 was dominated by the ongoing war in Ukraine and the actions of central banks to curb the impact of inflation.
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Economic conditions have tightened. The cost of living has risen and policy and geo-political risks are high.
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Global macro and geo-political risks are high at a time when US equity valuations appear elevated.
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Global macro and geo-political risks are high at a time when US equity valuations appear elevated.
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