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Inflation/Deflation

Brazil: Peaking Inflation Will Not Lead To Rate Cuts…
Mexico: Disinflation Delay Doesn’t Derail the Long Bonds Trade…
The Long-Term US Inflation Outlook: Fire Or Ice…
ISM Services: Stagflation Risk…
Canada’s Headwinds Push The BoC Toward Easing…

Our Portfolio Allocation Summary for June 2025.

Cooling Inflation Breeze Strengthens European Bond Case…
European equities will face a clash of powerful forces this summer. Expect sharp swings and false breaks, creating an ideal terrain for nimble traders but a minefield for buy-and-hold investors seeking steady gains.Within this backdrop, our stance remains unchanged: stay long value, short growth.…
1 Food For Thought…