Global
Russia/Ukraine Conflict: Watch For Credit Contagion…
Tactically Increase Duration Exposure…
Beyond Geopolitics: Global Manufacturing PMI…
Executive Summary Hopes of an imminent peace deal between Russia and Ukraine will be dashed. The conflict will worsen over the coming days. As was the case during the original Cold War, both sides will eventually forge an understanding that allows the…
Executive Summary US biotech is trading at its greatest discount to the market. Ever. Much of biotech’s underperformance is due to transient factors: specifically, the sell-off in long-duration bonds; the focus on delivering a Covid vaccine; regulatory…
Omicron Wave Is Receding Globally…
Executive Summary The recent 26 percent overspend on durable goods constitutes one of the greatest imbalances in economic history. An overspend on goods is corrected by a subsequent underspend; but an underspend on services is not corrected by a…
Peak-To-Trough Drawdowns Amid Geopolitical Crises…
An Overview Of Global Credit Conditions…
Executive Summary The Pandemic-Led Surge In E-Commerce Spending Is Reverting Back To Trend
The Pandemic-Led Surge In E-Commerce Spending Is Reverting Back To Trend…