Highlights U.S. growth will soon rebound thanks to robust drivers of domestic activity, and strengthening money and credit trends. The U.S. Federal Reserve will maintain an easing bias and will expand its balance sheet again. A…
President Trump is probably relishing the impeachment inquiry. He understands that he has a solid position in the Senate because his approval among Republicans is high. President Trump must also believe the Democrats’…
PM Johnson had already mostly lost control of the Brexit process once Parliament decided to take the matter in its own hands. His gambit to prorogue Parliament in order to regain controlled has now backfired as the Supreme…
According to KSA officials, repairs to the damaged 7-million-barrel-per-day processing facility at Abqaiq will mostly be completed by month-end. Relative to last month, we are not changing our price forecasts much, with Brent…
Highlights The U.K. economy has been holding up fairly well, despite the overhang of political uncertainty. However, even before the actual withdrawal of the U.K. from the E.U. has occurred, Brexit has left a lasting mark on the U.K.…
Highlights Analyses on Indonesia and South Africa are available below. The slowdown in Chinese domestic demand has been the main culprit behind the global trade contraction - not the U.S.-China trade confrontation. China’s…
Warren is benefiting from a deep-seated shift to the left in political preferences among Democratic primary voters. The share of Democrats who identify as “liberal” has more than doubled since the mid-1990s at the…
We remain bullish on global equities and other risk assets but continue to be on the lookout for evidence of any scenario that could undermine our thesis. One particular risk, is the possibility that a weaker U.S. economy further…