Macro Outlook
Roundup 21/03/11
31/03/11 21:37
Japan: Land of rising equities; Hot money burns investors; Operating at the seams; Is the trend still your friend? Read More...
Roundup 29/01/11 through 04/02/11
04/02/11 12:41
Some thoughts on Egypt and the reflation trade
Read More...
Read More...
The prevailing view in Q1 and scenarios for Q3 and Q4
07/01/11 15:44
A summary of the prevailing consensus as we enter Q1 2011, and scenarios for mid 2011 based on these views. Read More...
Looking ahead to 2011
30/12/10 15:01
Some initial thoughts about the global macro outlook as we enter into 2011: Bullish and bearish factors and my playbook Read More...
A Selection of Views from 2010
27/12/10 20:37
In 2010, policymakers in the developed world will be caught between a rock and hard place. On one hand there will be signs that these economies are emerging from the doldrums of 2009, which calls for higher interest rates and normalisation of economic policy. On the other hand, there will be deflationary pressures from high unemployment, increasing taxes and weak consumer sentiment. The consequence of this is that monetary policy is likely to remain loose for longer than needed, spurring a rally in equities and real assets. Read More...