Long & Short

We are at the beginning of a boom for US consumption and economic growth…

April has begun with something of an adjustment in financial markets…

The term ‘unprecedented’ has been used so much over the past 12 months that you could argue it has become somewhat paradoxical…

The dominant theme for currency and asset markets over coming months is differentiation…

The reaction function of the Fed, so far at least, appears to be not to react…

This week, focus fell on the European Central Bank President and the ‘favourable financing conditions’…

Interesting narratives emerged this week regarding growth and policy normalisation…

While market tensions are rising with the sell-off in bonds we maintain an optimistic growth outlook…

We continue to see the growth and yield differentials in favour of the US driving a lower EURUSD exchange rate…

The fiscal policy lever remains pressed firmly to the floor globally…