We think that interest rates in the US and elsewhere will diverge by more than investors are anticipating over the next year or so, but then converge in a way that they are not envisaging. We expect...

Although the 10-year US Treasury yield has already risen substantially so far this year, we continue to forecast that it will end 2018 significantly higher than it is now before dropping back in 2019.

The pressure on emerging market (EM) assets that began in late January may have eased slightly in the past day or so. But our forecasts are for further weakness between now and the end of next year...

Large-cap equities in Europe and Japan have fared far better than those in the US since mid-April. But this seems to have been entirely due to a resurgence of the dollar, which we expect to more than...