As a small open economy, Sweden’s economic performance is a good barometer of global growth developments. Swedish PMIs for March were overall positive. The Manufacturing PMI rose to the 50 boom-bust line following 19…
The annual Prospective Plantings report released by the US Department of Agriculture (USDA) last week was slightly bullish for corn, neutral for soybeans, and slightly bearish for wheat. It forecasts a 5% drop in corn acreage, a…
The analysis of complexity is a massive competitive advantage in investing, and from today, clients will be able to monitor the complexities of the world’s 17 major investments on our webpage in real-time.
Oil prices surged over the past two days on the back of heightened geopolitical risks to supply following increased tensions in the Middle East. Both Iran’s Supreme Leader Ayatollah Ali Khamenei and President Ebrahim Raisi…
The soft-landing narrative dominated the behavior of financial markets in March, with most major global risk assets posting above average returns. In particular, the burgeoning ‘risk on’ sentiment led to a rally…
The global economy is wobbling precariously between slowing growth and reaccelerating inflation. This is unlikely to end well. Stay cautious, and hedge against both recession and inflation.
The recent rally in commodity markets is drawing the attention of the investment community and financial media. It’s not just cocoa – which has experienced a staggering 118.4% year to date increase that has further…
Thematic investing has become increasingly important for investors over the past few years. And yet, in spite of the popularity of thematic strategies, the vast majority of investors underperform when buying into such…
For the first time in at least fifty years, US labour supply is running well below labour demand, meaning the US economy is ‘inverted’. We discuss how and why the economy inverted, and what it means for recession, inflation, and…
The US equity rally has recently stopped narrowing with the gap between the market cap-weighted and equal-weighted indices for the S&P 500 stabilizing over the past month. Indeed, this has coincided with a shift in market…