Developed Markets
Peak FFR: A Compromising Situation?
In our last piece, we discussed the added complication of US debt ceiling negotiations on the evolving global macro backdrop.
Read MoreUS Debt Ceiling and Financial Markets: Risk off or Just a Familiar Dance?
In our last piece, we discussed the most recent developments in the inputs and official commentary on central bank monetary policy…
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 MoreGlobal Macro and the Debt Ceiling: Figure It Out?
In our last piece, we discussed the recent central bank actions and rhetoric from the ECB, BoE and Federal Reserve…
Read MoreEurope to Stay on the Fence on China
The structural competition between the US and China could intensify further.
Read MoreA Significant Watershed for DM Rates: End of the Road?
In our last piece, we discussed our views of the impact of credit concerns in the (small) banking sector and how they appeared to differ from central market expectations…
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 MoreThe Monetary Policy Limit: One More Time?
Last week, we discussed the two dominant schools of thought in the macro space that have evolved…
Read MoreUS Monetary Policy: The Sound of Silence?
Last week, we discussed the implications of the ongoing credit conditions repricing in the US, in the context of the Fed narrative…
Read MoreWhat is the New ‘Sufficiently Restrictive’?
Last week, we discussed the RBA rate decision, the recent commentary from Bank of England…
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