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The spread of the Delta coronavirus variant appears to have usurped inflation as the key concern. The Delta strain will lead to a bumpier and more...
Our analysis of key economic indicators suggests on balance the economy is in the mid-cycle phase of the business cycle. We believe the expansion...
Our estimates suggest that house prices in advanced economies may be around 10% overvalued versus long-term trends, albeit with considerable...
Concerns within markets about the impact of the Delta variant on the economy is in our view warranted. We have long warned that vaccinations would...
Although none of the big four central banks have started tapering their QE programmes yet, monetary aggregates are being pinched from different...
A shift to a new policy regime with much higher and more volatile inflation is a possibility that can’t be ignored due to its impact on the...
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