Capital Market Outlook

IN THIS ISSUE

• Macro Strategy — Geography Matters — China: We look at these geographical features as they relate to China's economic growth potential.
  
• Market View — “Higher-for-Longer" Goes Beyond Interest Rates: What Investors Need to Know: Factors may be applicable to a number of key variables that will shape the investment landscape over the medium term.
  
• Thought of the Week — Equities Yield A New Concern: Q4 focus is on the reality explicitly presented at the last Federal Reserve meeting: Interest rates are likely to remain higher for longer.