Recession-Hard/Soft Landing
Eurozone Confidence Continues To Improve…
The Risk Of Being Too Proactive…
Is European Inflation On The Rebound…
Mixed Signals On The US Labor Market…
Following today’s US jobs data release, the Joshi rule real-time US recession indicator inched up to 0.18 and is now just a whisker from its recession event-horizon of 0.20.
A soft landing can be achieved but not maintained. We are cutting our tactical recommendation on stocks from overweight to neutral and scaling back our long-duration stance.
The Fed: Careful And Data-Dependent…
US JOLTS: Labor Market Cooled Further In November…
A Year Of Two Halves For The Euro…
The market is excited by the idea that the Fed will cut rates early this year, even without a recession. But is that likely, with inflation still set to be around 2.8% mid-year?