Economic & Market Research
Valuable insights & opportunities.
The latest research, data, and insights from the investment experts at Key Private Bank.
Key Questions: What Is the Outlook for Equities in the Second Half of 2021?
We believe the second half of 2021 will play out in two distinct acts.
Key Questions: How Did a Tiny Investor Take On an Energy Giant?
A case study in how ESG is altering shareholder engagement.
Key Investment Perspectives: Second Quarter 2021 Review
In this quarter’s Key Investment Perspectives, we take a closer look at the prospects for inflation given recent increases in inflation and analyze the concept of expected inflation versus unexpected inflation. Importantly, we also review actions that investors may take to mitigate inflation risks.
Key Questions: Will the Current Recession End Before the Next One Begins?
The economy appears to be experiencing a transition from rapid recovery to mid-cycle/ moderate growth. The Delta variant is a risk, but as long as fatalities do not materially rise, economic repercussions should be limited.
Key Private Bank Investment Brief
The global spread of COVID-19 has caused significant market movements and uncertainty among investors.
Your investment brief houses our experts' latest analysis and strategies for navigating the turbulence created by the outbreak—keeping you updated on our thinking and how these changes might impact your portfolio.
Key Questions: Can Nothing Be Something Great?
Doing nothing doesn’t seem like good investing advice. But sometimes, standing pat is the best game plan for an actively managed portfolio.
Key Questions: “Revenge Summer” Is Here. Who Are the Beneficiaries, and Will Americans Go into Debt?
As COVID-19 cases grew last year, few imagined long-term restrictions. Data implies consumers are ready to travel again in 2021 and should have the savings for a “planned” vacation. Still, Americans could spend more as restrictions continue to ease.
Key Questions: If Inflation Is Rising, Why Aren’t Bond Yields Rising Too?
While US inflation has surprised to the upside, bond yields have remained quiescent.
Key Questions: How Do You Know When You’re Wrong?
It’s often impossible to know, and thus remaining humble is a critical element to one’s long-term investment success.
Key Questions: Is There Still Value in Value?
We continue to favor value. Remember, low-quality companies have distinctly outperformed high-quality companies since last summer. We are mindful of retaining higher-quality value positions as we enter future market phases.
Key Questions: What Risks to the Recovery Are Chip Shortages Causing?
There is a global shortage of semiconductors or chips. While we do not expect this shortage to derail economic recovery in a meaningful way, the issues in the short and intermediate term could cause some notable disruptions.
Key Questions: What Can Investors Learn From an Investment Legend?
A fundamental understanding of one’s investment purpose is indispensable for long-term success.