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It’s a bit early for Halloween, but the equity markets have been scary over the past few weeks and months. Fear is problematic, particularly when it comes to investing in equities.There are currently two macro-driven events affecting the equity markets: the impact of the Greek debt crisis on the Eurozone’s recovery and implications of China’s stock market rout for global growth. This article separates fact from fiction and alleviates some of the fears investors have in the current state of the equity market.

The Export-Import Bank was created in February 1934, as part of the New Deal, to finance trade with the newly established Soviet Union. A second bank was created a month later to finance trade with Cuba and shortly thereafter expanded to include all countries with the exception of the Soviet Union. Congress passed legislation to combine the two banks in 1935. They also granted the unified bank more powers along with more capital.

This article reviews the latest 1.9% devaluation of the Chinese yuan (CNY) reference rate and identifies the three factors that prompted the currency move and the potential long- and short-term implications for Chinese and global asset classes.

While it was not expected that as of July 16, Greece’s creditors would still be attempting to keep the country in the euro with a plan that does not work with the economics of Greece. The reforms that the Greek Parliament accepted on July 16 was poorly designed and far harsher than the vote rejected by the Greek populace 10 days earlier.

This strategic article forecasts what the global economy will look like in the next 12 months. Key market drivers include an expected disruption of official rates and the very first interest-rate hike by the Federal Reserve.

Two years ago, India was an unhappy member of Morgan Stanley’s “Fragile Five,” a handful of emerging economies judged most vulnerable to tighter Federal Reserve policy and rising global bond yields. Since then, India’s oil bill has dropped, inflation has eased, gold imports have been curtailed, the trade deficit has narrowed -- and in last year’s national elections, Narendra Modi’s Bharatiya Janata Party (BJP) romped to victory, becoming the first single party to win a majority in the lower house of parliament for 30 years.

This article discusses the outlook for Iran's economyand the implications for equities, fixed income and currencies and oil, following the US, UK, Germany and the UN Security Council's agreement with Iran that the country will freeze its nuclear arms program in return for sanctions relief. Some highlights include:

U.S. equities, now six years into a bull market, have proven their mettle in the face of increased market volatility. While the seemingly imminent Fed rate hike could potentially add another risk to the market’s momentum, the fact that yields are coming off from almost zero still makes equities compelling. At the time of writing, it appears that a Greek default and exit from the Eurozone has been averted for now.

This white paper explores key themes that are expected to influence M&A activity in 2015 across global banking and capital markets, insurance and wealth and asset management. Some themes include:Demand in the US for income generation and real asset strategiesAccess to non-domestic markets and new investors in the USWealth management continues to be an attractive market segment in EuropeIncreased transaction activity in the asset servicing sector in Europe

The imposition of capital controls in Greece follows yet another failure to reach a compromise with the IMF, the ECB and the European Union. Eurozone finance ministers refused to let Greece extend the bailout program and as a result the ECB has halted its emergency loan program for Greece.This commentary discusses the impact a negative vote may have on the Greek debt crisis.