Policy
Financial Markets Cheer Dovish Fed Press Conference…
Our US bond team’s thoughts on this afternoon’s FOMC meeting and yesterday’s CPI release.
Our 2024 outlook can be encapsulated into just 39 words and three key views. Key view 1: The end of China’s housing boom means the end of the world’s main growth engine. Key view 2: If the Fed and ECB don’t kill the economy, they won’t kill inflation. Key view 3: The AI gold rush will struggle to find any gold. We go through the investment implications for the year ahead.
Disinflation Trend Will Continue In 2024…
Rate Cut Expectations Boost German Investor Morale…
Deflationary Pressures Linger In China…
Elevated Inflation Uncertainty Will Keep Policymakers Cautious…
The Pivot To Rate Cuts: Context Matters…
Our recommendations for blogs and X’s (on the economy, financial markets, asset allocation, bonds, quants, energy, real estate, geopolitics, and specific countries and regions) to try over the holidays.
UK Households See Inflation Easing Over Near Term, Still Skeptical Over Longer Term…