Strong domestic growth and sky-high oil prices have supported the rally in Colombian equities and the currency this year. However, a business cycle slowdown, an uncertain outlook for oil prices, and rising political risk will…
Executive Summary More Chinese Households Intend To Save Than To Invest The Politburo meeting last Friday signaled that China is determined to achieve the 5.5% annual growth target set earlier this year. Policymakers vowed…
Highlights Chart 1Past Peak Inflation The Fed is all set to deliver a 50 basis point rate hike when it meets this week and with inflation still well above target Chair Powell will be keen to re-affirm the Fed’s…
The recent outperformance of Indonesian stocks has masked a budding macro issue in the country: a deteriorating balance of payments. Capital inflows into the country are dwindling at a time when the current account balance is…
Executive Summary Three Problems For European EPS The Chinese economic slowdown in response to COVID lockdowns represents a major headwind for European profits in 2022. Weaker global growth creates another hurdle. The…
Listen to a short summary of this report. Executive Summary Second Fastest Hiking Cycle Ever? Can the Fed achieve a soft landing, bringing inflation back to its 2% target without causing growth to…
Tech stocks led a broader surge in Chinese equity indices on Friday. Alibaba, Tencent, and Meituan – to name just a few – all posted close to double digit daily returns. The broader Hang Seng Index surged 4.01% on the…
Executive Summary German GeoRisk Indicator Russia and Germany have begun cutting off each other’s energy in a major escalation of strategic tensions. The odds of Finland and Sweden joining NATO have shot up. A halt…
Executive Summary China's Demand Was Very Weak before Lockdowns The selloff in risk assets is not over. Stay defensive. Stagflation fears will continue gripping financial markets. Global trade volumes are set to contract,…