Chart of the week
Monetary aggregates are growing briskly across the globe. The outlook for inflation remains benign, at least for now
By: Johannes Müller
Until the Covid-19 virus is finally defeated, the recovery looks set to continue at an uneven pace. Our Macro outlook explains why.
China is far behind on agreed import quantities from the United States. The trade dispute might be about to resurface, but the real battles are being fought elsewhere.
By: Christian Scherrmann
After the drop comes the rebound. Will that be followed by a long recovery?
While U.S. yields have been stagnating for months, inflation expectations are rising again and real yields are falling. Normally, this does not bode well for economic growth.
In recent months, European policymakers have caught foreign-exchange markets by surprise. That says little about future exchange-rate developments.
While U.S. stocks are back to their pre-crisis levels volatility is not. Surprisingly, stocks and volatility have been moving in tandem for weeks. Time to worry?
As an institution, the European Union is borrowing on a large scale for the first time for its reconstruction fund. This creates opportunities for security-conscious investors.
S&P 500 leverage update: another young vs. old sector split