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Investment Weekly

K-shaped markets
30 October 2026

    Chart of the week – K-shaped markets

    Chart of the week – K-shaped markets

    Click the image to enlarge

    Following its October decision to leave the funds rate unchanged, the Federal Reserve faces a difficult balancing act. Restrictive policy and gradual further tightening remain necessary to bring sticky inflation back to target, especially with oil's renewed rise heightening upside inflation risks. Yet an uneven, K-shaped economy complicates the task.

    Market Spotlight

    • Look under the bonnet

    Lens on..

    • Capitol gains
    • A real shock
    • Taxing times