Europe
ECB Has “More Ground To Cover…
Both the US and China have structural imbalances that need correcting. The former has a structurally imbalanced labour market in which demand far outstrips supply. The latter has a massively overvalued housing market. The concurrent correction of these two structural imbalances in the world’s two largest economies will necessitate a sharp slowdown in global growth, and leads to several investment conclusions.
Euro Area Industrial Production Disappoints In October…
Stagflation Dominates UK Economy…
Towards A Euro Area Manufacturing Rebound…
A Positive But Volatile 2023 For European Spreads…
We explore the eight major themes that will define economic and market trends for Europe next year.
Multiple Tailwinds Support Shorting EUR/JPY…
In this <i>Strategy Outlook</i>, we present the major investment themes and views we see playing out next year and beyond.
UK Property Market Is Flagging…