Which Markets Are Vulnerable to This Mid-Cycle Slowdown?

The Big Conversation | Aired: 2021-07-14 This week Real Vision’s Roger Hirst uses Refinitiv’s best-in-class data to look at the signs that a mid-cycle slowdown is already underway. Small caps continue to underperform and there are more signs that the reflation trade is under pressure. Emerging markets look particularly vulnerable on a relative basis because they didn’t reap the usual rewards of the cyclical upturn. In The Chatter this week, Cornelia Andersson, Head of M&A and Capital Raising at Refinitiv, discusses the record volumes in the M&A space and the key role that private equity has played in this process, and the potential for these firms to be priced out as corporate activity starts to pick up.