Our latest macroeconomic insights Global Economics Focus China’s rising trade surplus and its global implications China’s trade surplus has reached a record 1% of world GDP and looks set to rise further. It’s been driven, in part, by a surge in China’s exports – China has gained export market share across both... 30th April 2026 · 18 mins read Asset Allocation Update Three questions for markets, two months into the crisis With disruptions to global energy markets now having lasted two months this Update asks, and answers, three key questions about how financial markets have fared so far. First, why have equities... 28th April 2026 · 6 mins read Global Economics Update Answering your questions about private credit and macro risk We recently hosted an online Drop-In session to discuss private credit and the risks to the macroeconomy and financial markets. (Recording available here.) This Update provides answers to some of the... 22nd April 2026 · 6 mins read Bonds Update Limited scope for further US HY spread compression US high yield (HY) corporate bond spreads have narrowed, on net, since the Iran conflict began, and look extremely tight by past standards. We don’t think they will narrow much further over the rest... 22nd April 2026 · 4 mins read Pagination Previous Page 1 Page 2 Page 3 Page 4 Current page 5 Page 6 Page 7 Page 8 Page 9 … Next
Global Economics Focus China’s rising trade surplus and its global implications China’s trade surplus has reached a record 1% of world GDP and looks set to rise further. It’s been driven, in part, by a surge in China’s exports – China has gained export market share across both... 30th April 2026 · 18 mins read
Asset Allocation Update Three questions for markets, two months into the crisis With disruptions to global energy markets now having lasted two months this Update asks, and answers, three key questions about how financial markets have fared so far. First, why have equities... 28th April 2026 · 6 mins read
Global Economics Update Answering your questions about private credit and macro risk We recently hosted an online Drop-In session to discuss private credit and the risks to the macroeconomy and financial markets. (Recording available here.) This Update provides answers to some of the... 22nd April 2026 · 6 mins read
Bonds Update Limited scope for further US HY spread compression US high yield (HY) corporate bond spreads have narrowed, on net, since the Iran conflict began, and look extremely tight by past standards. We don’t think they will narrow much further over the rest... 22nd April 2026 · 4 mins read
