The Australian dollar has been one of this year’s best performing major currencies. But given the outlook for monetary policy and the prices of some of Australia’s major exports, we think that it will...

The spread between the yields of 10-year US and German government bonds is close to the largest it has been since the start of EMU. But we think the spread will continue to grow. With this in mind, we...

At first sight, many of our views now look close to the consensus. However, this is typically because other analysts have swung round to our long-held positions, which have mostly been proved right...

The reach of Corporate America has become increasingly global. One important consequence has been a secular rise in profitability, not only at US multinational companies (MNCs) which dominate the...