Let’s keep an eye on the Federal Reserve’s balance sheet
The macroeconomic situation remains positive, investor sentiment is extremely bullish and, on the back of four months of rising markets, … Read more
The macroeconomic situation remains positive, investor sentiment is extremely bullish and, on the back of four months of rising markets, … Read more
2019 was a great year for global stocks, with the MSCI World index delivering 27.7% in USD – the fifth … Read more
To summarise our macro outlook, we see a lower risk of recession than the market. Central bank action should remain … Read more
2019 is gently coming to an end and will probably be remembered as one of the best years of the … Read more
The Fed left interest rates unchanged today after cutting at the three last meetings. The Fed funds target range therefore … Read more
Once again, a sustained increase in volatility failed to materialise in 2019 despite heightened geopolitical risk (Brexit, trade wars, Hong … Read more