Economic Growth
Indian Stocks Are Vulnerable…
The Macroeconomic Outlook Is Unfavorable For US Industrials…
Resilient US Retail Sales Suggest Dovish Fed Surprise Not Imminent…
China's Economic Outlook Remains Gloomy…
Empire State Survey Plunges To May 2020 Low…
Rate Cut Expectations Continue To Bolster German Investor Morale…
The US manufacturing renaissance, spurred on by reshoring, automation, and government spending, is running its course but progress has slowed on the back of tight monetary conditions and the manufacturing recession. The deceleration of these positive trends weighs on the outlook for the Capital Goods industry group, impeding its performance over the short term. However, we reiterate that positive long-term trends for the industry remain intact. We downgrade Capital Goods to a tactical underweight. It remains a strategic overweight.
PBoC Unexpectedly Holds Medium-Term Rate Steady…
Will Technicals Provide A Tailwind To Commodities…
Economic Uncertainty Is Top Concern Among Canadian Businesses…