Our latest macroeconomic insights Global Markets Update Three risks to our forecast for a weaker dollar Although several factors could conceivably support the dollar in the near term, we still think it will weaken overall this year as Fed policy remains accommodative and appetite for risk continues to... 19th January 2021 · 2 mins read Global Markets Update Inflation compensation and the outlook for Treasuries Although Treasury inflation compensation – i.e. gaps between the nominal yields of conventional Treasuries and the real yields of TIPS with comparable maturities – has risen sharply since the spring... 15th January 2021 · 3 mins read Asset Allocation Update Even less evidence of equity bubbles outside the US While we doubt that the US stock market’s current valuation will prevent it from making further gains, the fact that valuations are much lower in other parts of the world suggests to us that equities... 15th January 2021 · 5 mins read Asset Allocation Update Even if there is a bubble, it may not burst any time soon We don’t think that there is a bubble in the US stock market. Yet even if we are wrong, it may inflate further before bursting given the outlook for the economy and monetary policy. 14th January 2021 · 4 mins read Pagination Previous … Page 172 Page 173 Page 174 Page 175 Current page 176 Page 177 Page 178 Page 179 Page 180 … Next
Global Markets Update Three risks to our forecast for a weaker dollar Although several factors could conceivably support the dollar in the near term, we still think it will weaken overall this year as Fed policy remains accommodative and appetite for risk continues to... 19th January 2021 · 2 mins read
Global Markets Update Inflation compensation and the outlook for Treasuries Although Treasury inflation compensation – i.e. gaps between the nominal yields of conventional Treasuries and the real yields of TIPS with comparable maturities – has risen sharply since the spring... 15th January 2021 · 3 mins read
Asset Allocation Update Even less evidence of equity bubbles outside the US While we doubt that the US stock market’s current valuation will prevent it from making further gains, the fact that valuations are much lower in other parts of the world suggests to us that equities... 15th January 2021 · 5 mins read
Asset Allocation Update Even if there is a bubble, it may not burst any time soon We don’t think that there is a bubble in the US stock market. Yet even if we are wrong, it may inflate further before bursting given the outlook for the economy and monetary policy. 14th January 2021 · 4 mins read
