The recent slump in global equities is prompting comparisons with 2011, when the prices of riskier assets also fell away after a confident start. Our view is that the US economy will be more resilient...

The recent slump in global equities is prompting comparisons with 2011, when the prices of riskier assets also fell away after a confident start. Our view is that the US economy will be more resilient...

There have been seven major monetary policy tightening cycles in the US since the early 1970s. If these are a useful guide, the ten year Treasury yield will start to rise well before the first...

We have revised our projections for the major Western government bond and stock markets, and for emerging markets, partly to reflect changes to our US economic forecasts and partly due to reduced...