Global
What Could Durably Reverse US Equities’ Relative Outperformance…
What To Watch
What To…
China Will Export Deflation To EM…
How The US Could Cheat A GDP Recession…
Oil Is Facing Opposing Forces…
Can Fed Rate Cuts Prevent A Recession…
More Downside For Brazilian Equities…
Carbon Credit Prices: The Correction Has Just Begun…
Our negative stance on European growth and assets is not devoid of risks. To gauge whether these risks warrant upgrading our growth outlook, we monitor Sweden closely. So, what is the current message from this Nordic economy?
China has become less reliant on exports to advanced economies, and its products have successfully penetrated developing economies. Exports to the US make up 3% of Chinese GDP, while exports to all developing economies account for 10% of its GDP. China’s trade pivot from advanced to developing economies has economic, political, and geopolitical ramifications.