Recession-Hard/Soft Landing
The Euro Area Economy Is Vulnerable…
Investors hope that the ECB rate cuts priced into the curve will be sufficient to achieve a soft landing in Europe. History argues against this view, but will this time be different?
Aircraft Order Cancellations Distorted June Durable Goods Orders, But Outlook Remains Bleak…
US GDP Surprises To The Upside…
Recession To Hit Canada And Australia Harder Than US And Europe…
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”.
DM Manufacturing Activity Deteriorates in July…
Euro Area Earnings Likely To Disappoint By A Wide Margin…
Consumption’s Historical Resilience Ahead Of Recessions…
Consumer Credit Increases The Most In Three Months…