Inflation
Inflation And Jobs: A Non-Linear Collision Course…
Hawkish ECB: How Much Longer…
This Strategy Insight discusses the bond market and currency implications of the Fed’s “hawkish pause”.
Easing US Pipeline Inflation Pressures…
An Inflection Point For Chilean Stocks…
The Fed Is Nearing Its Destination…
UK Gilts Sell Off Amid Stubborn Inflation…
As the major central banks once again mull their policy options, they face a daunting task. They must phase-transition inflation back to imperceptible, without phase-transitioning unemployment to perceptible. This report explains why this will prove impossible, and what central banks will likely prioritise. Plus: the collapsed complexity of the recent stock market rally signals excessive trend-following. Until the complexity normalises, we are reluctant to chase the rally.
This Strategy Insight discusses the bond market and currency implications of the Fed’s “hawkish pause”.
US Small Caps: A Durable Outperformance…