Recently, SIFMA hosted our Annual Meeting. With hundreds of participants, we gained insights into top-of-mind topics for market participants. Inside this note, we recap just some of what was seen and heard, including:

• The Industry Outlook – industry and macro themes, with pre-conference survey results, as well as capital markets and wealth management outlooks
• View from Secretary of the U.S. Treasury Janet Yellen – economy’s transition to stable & sustained growth; resilient financial system, not seeing any massive risks; update on the U.S. Treasuries market
• The Economic Outlook – inflation by the numbers, a comparison to the 1970s, and the components in the inflation equation; recession, rates, and economists’ expectation
• The Regulatory View – market participant thoughts on the SEC agenda; agency priority updates from SEC Chair Gensler and CFTC Chairman Behnam
• The ESG Perspective – updates from Secretary Yellen and regulators; survey on ESG investing and underwriting
• More on Market Themes – digital assets/cryptocurrency and survey results on markets and volatility
  

 

Contents

• The Industry Outlook
  • Market Touchpoint: Industry Themes
  • Market Touchpoint: Macro Themes
  • Outlook – Capital Markets
  • Outlook – Wealth Management
• A View from the Secretary of the US Treasury
• The Economic Outlook
  • Setting the Scene
  • Inflation – Where We Are
  • Inflation – 1970s Part II
  • Inflation – Composition
  • Recession – Unfortunately, Yes
  • Rates – How Much More to Go
  • Rapid Fire Roundup
  • Market Touchpoint: Economic Themes
• The Regulatory View
  • The Industry View
  • The SEC View
  • The CFTC View
• The ESG Perspective
  • Updates from Regulators
  • Market Touchpoint: ESG
• More on Market Themes
  • Market Touchpoint: Markets & Volatility
  • Crypto/Digital Assets
  • Market Touchpoint: Crypto

Author

SIFMA Insights
Katie Kolchin, CFA