Global Macro
What Does a Hard Landing Look Like and Has It Already Happened?
The important question now is whether or not markets have priced too much uncertainty, too much forward-looking negativity into equities and risk assets.
Read MoreUSD – A structural ‘Dollar Smile’ trough?
Macro-monthly: USD – A structural ‘Dollar Smile’ trough?
Read MoreThe Increasing Importance of Turning Points in Financial Markets
It is not just the individual battles that matter, but likely the order in which they occur will have significant implications for financial markets…
Read MoreFOMC and MPC Emphasise Inflation AND Growth Risks
Suffice to say the near-term macro backdrop (and all the broad commentator narrative seeking to explain them) is becoming increasingly complicated!
Read MoreWhat Will Central Banks Do Next Week?
Looking ahead to next week, it is unlikely that the Bank of Japan’s persistent, obdurate dovish stance will set a precedent…
Read MoreDo Faster Rate Hikes Mean Higher Terminal Rates or Lower Growth?
Over the past couple of days, however, there has been a more concerted change in the ECB narrative..
Read MoreInflation vs. Growth: The policy path of least regret?
Over the past months we have written at length about the relationship and the global sensitivities between inflation and growth…
Read MoreInflation vs. Growth: Are we at an impasse?
The macro backdrop remains complex, with the Mexican Standoff between inflation and growth at the heart of the debate…
Read MoreRisk Asset Outperformance: Less TINA, More TERESA?
Over recent weeks, markets have been very complex…
Read MoreAre Investors Facing a Shortage of Risk-On Assets?
In his latest blog, Neil Staines asks: Are investors facing a shortage of risk-on assets?
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