Our latest macroeconomic insights Global Markets Update Does the ECB have a strong case for buying Spanish bonds? If Spain applied to the EFSF/ESM for a (partial) sovereign bail-out, the path would become clear for the ECB to buy Spanish government bonds under its Outright Monetary Transmissions (OMT) programme... 8th October 2012 · 1 min read Global Markets Update Euro-zone break-up risk – what’s in the market? Tensions in the euro-zone have recently eased. However, we still anticipate that Greece and one or two other small countries will leave in due course. While we are not alone – a slim majority expects... 25th September 2012 · 1 min read Global Markets Update How stretched are US stock market valuations? The US Flow of Funds report published yesterday by the Federal Reserve suggests that the stock market remains significantly overvalued by historical standards. We doubt that equities are as far... 21st September 2012 · 1 min read Global Markets Update China’s smaller savings surplus little threat to Treasuries One popular misconception is that China’s reinvestment of its “surplus” savings has directly depressed long-term US Treasury yields. If this were true, why have yields remained so low in recent years... 6th September 2012 · 1 min read Pagination Previous … Page 417 Page 418 Page 419 Page 420 Current page 421 Page 422 Page 423 Page 424 Page 425 … Next
Global Markets Update Does the ECB have a strong case for buying Spanish bonds? If Spain applied to the EFSF/ESM for a (partial) sovereign bail-out, the path would become clear for the ECB to buy Spanish government bonds under its Outright Monetary Transmissions (OMT) programme... 8th October 2012 · 1 min read
Global Markets Update Euro-zone break-up risk – what’s in the market? Tensions in the euro-zone have recently eased. However, we still anticipate that Greece and one or two other small countries will leave in due course. While we are not alone – a slim majority expects... 25th September 2012 · 1 min read
Global Markets Update How stretched are US stock market valuations? The US Flow of Funds report published yesterday by the Federal Reserve suggests that the stock market remains significantly overvalued by historical standards. We doubt that equities are as far... 21st September 2012 · 1 min read
Global Markets Update China’s smaller savings surplus little threat to Treasuries One popular misconception is that China’s reinvestment of its “surplus” savings has directly depressed long-term US Treasury yields. If this were true, why have yields remained so low in recent years... 6th September 2012 · 1 min read
