Posts by Joana Freire
The Long-Awaited Dollar Correction Finally Commencing
We ceased to be dollar-positive some two years ago and stressed our bearish view on the dollar throughout H2 2024.
Read MoreA ‘Mar-a-Lago Accord’ on September 22, 2025?
A ‘Mar-a-Lago Accord’ on September 22, 2025?: Reached on September 22, 1985, the Plaza Accord was an agreement by the G5 countries to coordinate….
Read MoreHigh US Yields Not Likely Reflecting Sticky Inflation
In this note, we focus on the period in the mid-1970s between the two oil price and US inflation spikes.
Read MoreShelter Inflation Elevated Due in Part to the Fed
US headline inflation has fallen as sharply as it had risen, but core inflation has been stubbornly sticky on the downside for the past six months
Read MoreA Dollar Avalanche Building in China
Chinese corporates continue to hoard dollars.
Read MoreThe Problem is Debt, Not the Debt Ceiling
The looming risk of the debt ceiling triggering a default by the US is the urgent matter concerning investors.
Read MoreEurope to Stay on the Fence on China
The structural competition between the US and China could intensify further.
Read MoreChina and the De Facto Asian Economic Union
The global economy is approaching a major watershed: for the first time in modern history, the three economic blocs – the US, Europe, and Asia…
Read MoreEurope’s Gas Strategy: So Far So Good
A year ago, Russia’s gas embargo seemed like an insurmountable challenge for Europe.
Read MoreFalling Inflation to Bring Down the Dollar in 2023
We expect US inflation to continue to decline at roughly the same pace as it rose in 2021 and the first half of 2022…
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