Browsing Category

Markets

Growth downshift, yes. But how much?

A lot of the data coming out of the US of late reinforces the concept that the V-shaped recovery is flattening out. Meanwhile, in Europe, which has outperformed the US on a currency-adjusted basis, the question now is whether that…

Bears forced to raise targets

I am back from the 4th of July weekend here in the US. I have a few new thoughts to share with you today. But, my overall macro view remains the same - namely that the US has recovered from recession but downside risks to the US economy and…

The recession is over

The retail sales data coming out this morning makes clear that the recession that began in February is now over. The forward-looking questions go to what the shape of the recovery looks like, what the policy response will be and how asset…

This feels like a phase shift

This week I have been making the case for fading this market re-opening rally. I did not expect it to fall apart straight away. But yesterday we saw the first chinks in the armor. So let me tell you what I'm thinking now. This will be…

Some thoughts on the bullish narrative

We have started an experiment at Real Vision on our Daily Briefing where we have guest commentators more often. Our usual European commentator, Roger Hirst, is out for two weeks. And so we thought it would be a good opportunity to mix…

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More