Our latest macroeconomic insights Global Markets Update Oil prices, inflation compensation and Treasury yields Although oil prices and inflation compensation have historically moved in lockstep, we don’t think our projection that oil prices will fall over the next couple of years is inconsistent with our... 2nd July 2021 · 4 mins read Global Markets Update Earnings expectations and the outlook for DM equities We think that there is more scope for earnings expectations to improve outside, than inside, the US. In both cases, though, we are not anticipating upward revisions on the scale seen over the past... 2nd July 2021 · 4 mins read Asset Allocation Update Would US equities beat Treasuries if inflation surged? The received wisdom is that inflation is worse for government bonds than for equities. Yet the S&P 500 has fared worse than 10-year Treasuries in a couple of periods of high inflation in the US since... 1st July 2021 · 3 mins read Asset Allocation Update What might a fall in oil prices mean for rotation? While the drop back in oil prices which we forecast would probably mean an end to the recent outperformance of the energy sector, we doubt it would halt several other features of the rotation trade. 30th June 2021 · 3 mins read Pagination Previous … Page 153 Page 154 Page 155 Page 156 Current page 157 Page 158 Page 159 Page 160 Page 161 … Next
Global Markets Update Oil prices, inflation compensation and Treasury yields Although oil prices and inflation compensation have historically moved in lockstep, we don’t think our projection that oil prices will fall over the next couple of years is inconsistent with our... 2nd July 2021 · 4 mins read
Global Markets Update Earnings expectations and the outlook for DM equities We think that there is more scope for earnings expectations to improve outside, than inside, the US. In both cases, though, we are not anticipating upward revisions on the scale seen over the past... 2nd July 2021 · 4 mins read
Asset Allocation Update Would US equities beat Treasuries if inflation surged? The received wisdom is that inflation is worse for government bonds than for equities. Yet the S&P 500 has fared worse than 10-year Treasuries in a couple of periods of high inflation in the US since... 1st July 2021 · 3 mins read
Asset Allocation Update What might a fall in oil prices mean for rotation? While the drop back in oil prices which we forecast would probably mean an end to the recent outperformance of the energy sector, we doubt it would halt several other features of the rotation trade. 30th June 2021 · 3 mins read
