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Policy

This report takes a look at bond and FX market technical indicators and calibrates the decision to increase portfolio duration and get long the US dollar.

A “More Accommodative Than Stimulative” PBoC…
Trade Policy Under A Second Trump Presidency…
US GDP Surprises To The Upside…
Recession To Hit Canada And Australia Harder Than US And Europe…
Time To Increase Duration…

After this morning’s jobless claims number, we have now seen enough deterioration in our preferred labor market indicators to increase portfolio duration from “at benchmark” to “above benchmark”.

The BoC Dove Soars The BoC…
Euro Area Earnings Likely To Disappoint By A Wide Margin…
UK Services Inflation Still Too High For BoE's Comfort…