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Inflation/Deflation

In this Special Report, we introduce our UK Linkers Golden Rule – a framework to profitably trade and invest in UK inflation-linked bonds versus nominal UK gilts. The Rule is currently signaling that nominal Gilts should outperform UK linkers over the next year as UK inflation slows.

Long-Term US Consumer Inflation Expectations Tick Up…
US Unemployment Rate Climbs To 2-Year High…
Japan: Q4 GDP Expansion Raises Odds Of BoJ Hike…
ECB: On Track For A June Rate Cut…

We are pushing back the anticipated start date for a Eurozone recession and assessing how it affects our equity stance.

FX Attractiveness Model Update: NOK, USD At The Top…
South Africa: Headed For A Recession…
S&P 500 EPS And Sales Growth Forecasts Are Too Optimistic…

We update the indicators in our duration checklist following this morning’s employment report.