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Global macro research hub
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Global macro research: The pivot from inflation to growth
29 November 2024
Central banks have shifted focus from inflation to growth and a global easing cycle has started – this has stabilised growth and shifted our macro regime framework to a more positive outlook.
Japan: A window for optimism
11 November 2024
A window for optimism has now opened in Japan, and the Bank of Japan has started to tighten policy for the first time since 2007.
US labour market: Finely balanced
29 October 2024
The US labour market has proved remarkably resilient in this cycle, but the demand and supply of labour appears finely balanced and at risk of tipping into recessionary conditions.
Previous research
Tariffs and Trade Wars – Implications of a Second Trump Presidency
15 August 2024
We explore how a more restrictive trade regime under a second Trump presidency could affect the US, its trading partners and the US dollar.
Global Macro Research: Asset allocation in focus
02 August 2024
We outline the asset allocation framework that lies at the heart of our multi-asset investment process.
The resurgence of Southern Europe
30 May 2024
We believe the economic outperformance of Southern European countries relative to countries such as Germany should continue for some years to come.
New World Disorder
15 May 2024
At a time of heightened geopolitical risk, the world’s leading superpower will be heading to the polls to choose a new president. It is hard to remember a time of greater division, and the two candidates will have very different approaches to the world’s problems.
The Politics of ESG
07 May 2024
Sustainability is often viewed as extraneous to a business. However, managing the impact of externalities is a precondition for any business.
