Consumer
UK PMIs Lose Momentum While GBP Is Overbought…
Getting The US Consumer Right…
Strong PCE Report Increases Risk Of Second Wave…
We are not yet ready to downgrade equities on a tactical basis but continue to expect we will eventually do so. We present a checklist of indicators that we are watching to determine when to de-risk.
US Consumers Are Pessimistic About The Future…
In this Strategy Outlook we examine why, contrary to popular perception, the odds of a global recession over the next 12 months are rising not falling.
Improving UK Economic Data Surprises Reduce Odds Of Dovish BoE Surprise…
German Ifo Business Sentiment Improves…
EM Growth Will Remain Tepid…
Will US Financials Continue To Outperform…