The prospect of a large fiscal stimulus under a Trump presidency has prompted us to raise our forecasts for US growth and inflation but we have left our economic forecasts for the rest of the world...

The “flash” PMIs for the euro-zone and US which were published earlier today reinforce the message that the world economy seems to be expanding at a decent pace in Q4, even before any “Trump stimulus”...

The election of Donald Trump is the clearest expression so far of the growing anti-globalisation sentiment across advanced economies. Initially at least, we think that his bark will prove to be worse...

The slump in global bond prices after the US elections and the accompanying rise in long-term interest rates will cause some pain both to existing bondholders and future borrowers. Nonetheless...