A quarterly compilation of BNY Mellon perspectives derived from our unique vantage point at the intersection of markets.
The market may surge in the next few years as AI benefits become clearer and the market prices more of the impact.
August 2024
In July, performance was positive for equities, fixed income and gold, while broad commodity indices fell. Growth expectations cooled, and inflation worries fell, leading to a firming in expectations for rate cuts from major developed central banks. Interest rate-sensitive assets outperformed overall, with US small cap equities returning more than 10% over the month.
The promise of AI (and other reasons for optimism)
Meet the minds behind the research.
MARK-487914-2024-01-24