Europe
The ECB Needs Further Evidence That Inflation Is Heading To 2…
In this Strategy Insight, we take a comparative look at two of the largest spread product sectors in Europe – Italian government bonds and investment grade corporates. We make the case for favoring Italy over investment grade in the event of a downturn in European economic sentiment.
Amid patchy global growth, the US economy remains resilient. However, tight monetary policy will eventually trigger a recession in the US too. The stock market rally has been very narrow. Stay underweight risk assets.
In this insight, we provide an update on the Norwegian krone, with attractive trade ideas over a long-term horizon. Shorter-term, our neutral-to-positive view on the dollar keeps us on the sidelines for USD/NOK.
Does The Outperformance of UK Small Caps Have Legs…
Germany Will Likely Drag Euro Area Into Contraction…
German Ifo Signals Stabilization, Not Meaningful Recovery…
Wage Slowdown Is A Positive Development For The ECB…
Irrational Exuberance?…
European Political Risk Is Turning Up Again…