Our latest macroeconomic insights Global Markets Update Safe-haven flows to support the Swiss franc this year While the Swiss franc has not benefitted much from recent upheaval in markets, including yesterday’s sell-off in US equities, it has been very stable. We expect this to remain the case in 2019, as... 8th February 2019 · 1 min read Global Markets Update Less QT wouldn’t save the US stock market Although the S&P 500 has risen further since the FOMC’s latest meeting, we still expect the index to falter this year even if the Fed shrinks its stock of assets more slowly and by less than... 7th February 2019 · 1 min read Global Markets Update Rally in EM local currency bonds likely to fizzle out This week’s flurry of EM central bank meetings will probably add to the signs that the shift towards tighter monetary policy in much of the emerging world is nearing an end. Even so, we doubt that the... 5th February 2019 · 1 min read Global Markets Update A dovish Fed won’t keep the US$ down if the S&P falls Although we expect the US federal funds rate to end 2020 lower than it is now, we don’t think that the dollar will decline this year. The reason is our bearish view of the global economy. 31st January 2019 · 1 min read Pagination Previous … Page 240 Page 241 Page 242 Page 243 Current page 244 Page 245 Page 246 Page 247 Page 248 … Next
Global Markets Update Safe-haven flows to support the Swiss franc this year While the Swiss franc has not benefitted much from recent upheaval in markets, including yesterday’s sell-off in US equities, it has been very stable. We expect this to remain the case in 2019, as... 8th February 2019 · 1 min read
Global Markets Update Less QT wouldn’t save the US stock market Although the S&P 500 has risen further since the FOMC’s latest meeting, we still expect the index to falter this year even if the Fed shrinks its stock of assets more slowly and by less than... 7th February 2019 · 1 min read
Global Markets Update Rally in EM local currency bonds likely to fizzle out This week’s flurry of EM central bank meetings will probably add to the signs that the shift towards tighter monetary policy in much of the emerging world is nearing an end. Even so, we doubt that the... 5th February 2019 · 1 min read
Global Markets Update A dovish Fed won’t keep the US$ down if the S&P falls Although we expect the US federal funds rate to end 2020 lower than it is now, we don’t think that the dollar will decline this year. The reason is our bearish view of the global economy. 31st January 2019 · 1 min read
