Global | Holding on to our core convictions

Posted by Javier Corominas on Jun 28, 2021 1:11:57 PM

Despite a flattening of the yield curve and some position squaring of the socalled reflation trade, we believe our key asset allocation themes are...

Global | Turning cautious on GBP

Posted by Ben May on Jun 22, 2021 2:38:01 PM

We believe now is the time to close out our tactical bullish GBP call, initiated in March, as the almost year-long rally in GBP looks increasingly...

Technical factors will push inflation up in the short-term and the fallout from the pandemic will raise inflation risks further out. But on...

The latest US and China inflation numbers have been shrugged off by markets despite being a bit higher than expected. While we still think that...

After a weak Q1 for the global economy, our baseline forecast is for a strong growth rebound in Q2, and we remain more optimistic than the...

Global | Coronavirus Watch: The limits of vaccines

Posted by Ben May on May 25, 2021 10:05:22 AM

Vaccines are the key to a safe and permanent transition to more normal conditions. But evidence from economies that already have implemented...

Strong CPI figures in the US have intensified the debate about the inflation outlook, especially in the context of soaring commodity prices. In...