Investors should modestly underweight equities in their portfolios and look to turn more aggressively defensive once the whites of the recession’s eyes are visible. We think that will happen within the next few months.
Deflationary pressures and weak core Europe growth support CE3 bond longs as rate cuts loom. The Czech and Hungarian central banks held rates steady at 3.5% and 6.5% this week, following Poland’s earlier decision to keep rates…
Tightening financial conditions, deflationary headwinds, and rising geopolitical risks argue for short-term caution on European assets. European equities have outperformed in 2025, with the EURO STOXX 50 beating the S&P 500 and…
In this FX note, we provide a rationale for why it is important to pay attention to technical indicators, while still keeping your eyeball on the structural factors that drive currencies. This report answers the following questions:…
European equities will face a clash of powerful forces this summer. Expect sharp swings and false breaks, creating an ideal terrain for nimble traders but a minefield for buy-and-hold investors seeking steady gains.Within this backdrop,…
President Trump faces new restrictions on his trade powers coming from the US judicial branch, but they will not prevent him from continuing to restrict trade and investment with China. Rather, they will establish some curbs against…
The structural outlook for European assets remains bright, but near-term headwinds argue for longer duration and caution on equities. Here are three takes that call for a temporary pullback in European assets, and two that explore…
Five questions, five answers from the road. We unpack what Europe’s biggest investors are worried about right now, from trade‑war whiplash to bund‑versus‑Treasury positioning; and where the real opportunities still lie.
The easing bias remains, but not all central banks are equal. This Central Bank Monitor update reveals who is ready to cut more and who is still pretending not to.
This week, our three screeners cover: Favoring European equities over US equities, cybersecurity stocks, and large caps with large moves in their BCA Score.