Europe
GMR hub
Latest views
Global Macro Research: reflections on Europe versus the US
17 April 2025
Professor Robert J Gordon provides his thoughts on the divergence between US and European growth and challenges the common perception that the US holds a significant advantage over Europe.
Global Macro Research - Global trade in chains part 2
14 April 2025
The Second in a series of articles sharing our thoughts on the unfolding global trade war.
Global Macro Research: A New World Order
10 April 2025
The multilateral order is unravelling, with Pax Americana no longer able to sustain itself. This seismic shift carries significant ramifications for investors, fundamentally altering the investment landscape in which they operate.
Archive
Global macro research: Global trade in chains part 1
08 April 2025
The first in a series of articles sharing our thoughts on the unfolding global trade war.
Global macro research: Climate refugees
23 January 2025
We seek to understand how global migration could be impacted by climate change.
Global Macro Research: Germany – is there any hope for the sick man of Europe?
23 January 2025
We consider why the German economy has struggled since the pandemic, and why the February 2025 election presents an opportunity for change.
UK fiscal update
10 December 2024
We review the UK budget and the implications for growth, inflation and the Bank of England.
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.