Old favourites

Some old favourite themes have been in focus this week as we took a breather from events in Washington.

RCEP: Integrating Asia beyond trade

Gauging the impacts of creating the world’s largest trading bloc

US High Yield Market Review

The US high yield market (as represented by the ICE BofA Merrill Lynch US High Yield Index) produced a 6.17% return in 2020, slightly better than the yield-to-worst at the start of the year, and in-l ...

Has a Blue Wave changed our view on duration?

The first week of 2021 has been anything but boring. The Democrats won both Senate races in Georgia, which should allow them to pass a larger fiscal stimulus in the near term as well as pass other me ...

Biden’s Fiscal Reflation

We finally have a clear picture of the parliamentary parameters for Biden’s economic policy. The fiscal push may be a headache for the Fed, and we expect market pressure on the central bank to peak w ...

Roaring twenties

I hope you were able to stay safe and enjoy the holidays and I wish you a very happy and prosperous 2021.

Pressure Points

We take a step back and focus for the last Macrocast of 2020 on the new "big government" zeitgeist.

Climate Alignment Principles: How to invest in line with a +1.5˚C goal

As efforts to deliver on the Paris Agreement galvanise, investors are beginning to switch from simple commitments to tangible actions.

December Global Macro Monthly & Investment Strategy - Covid 19: It’s behind you… Oh no it isn’t