This morning’s CPI report marginally tips the scales in favor of a September rate cut.
Fed Chair Jay Powell’s remarks yesterday were in-line with our base case expectation that the Fed will not cut rates proactively in the face of rising tariff-driven inflation.
Despite our Global Investment strategists’ bearish stance, their latest report reviews scenarios that could be bullish for equities. Our colleagues remain bearish on equities, expecting a US recession this year. However, several…
Our Private Markets & Alternatives strategists assessed retail real estate opportunities. Retail Real Estate is a contrarian opportunity, with investor sentiment at rock-bottom levels despite shifting consumption patterns.…
In light of President Trump’s address to Congress and the ebb-and-flow of tariff announcements, our Geopolitical strategists assessed the constraints on the administration’s disruptive agenda. Trump’s ability to implement his…
Our Bank Credit Analyst strategists published their latest monthly report, and Section II aims to assess whether AI is leading to a productivity increase. Our colleagues remain unconvinced that Generative AI is a true…
US January core new orders beat expectations, rising 0.8% m/m, an acceleration from 0.2% in December. This measure, which excludes defense and aircraft from capital goods, is used as a proxy for business investment. Core shipments…
Weekly initial claims ticked up to 242k, near 2024 highs. The data is under the spotlight as the Trump administration implements a reduction of the federal workforce through the DOGE. Initial claims are not alarming yet; they…