Insights

Our Portfolio Allocation Summary for August 2024. ...

Market volatility has surged. Investors should no longer be allocating into Tail Risk structures. For those invested, start monetizing gains and let CTAs and Developed Market Fixed Income take the wheel from here. ...

Global Equity Score turns bearish, while Global Bond Score remains neutral. Sector Model upgrades Health Care and downgrades Technology and Consumer Discretionary. ...

Greece has staged a surprising economic recovery in recent years. Greek risk assets are the best performers in Europe. Can it last? ...

As the first Fed cut of this cycle approaches, this Strategy Insight looks at the cross-asset implications of a Treasury curve bull steepening. Investors should maintain a defensive positioning. ...

Mounting evidence that the labor market is on its way to cracking checked two more boxes on our checklist, driving us to tactically downgrade equities to underweight while upgrading fixed income to overweight. Our tactical and cyclical (6-12 months) views are now aligned as our conviction that a rec...

This morning’s employment report sent a recessionary warning sign. We examine the implications for monetary policy and US bond yields. ...

The Global Investment Strategy team downgraded global equities to underweight in late June. The latest reading from our MacroQuant model is consistent with this decision....

The market is pricing in a soft landing, but we see growing signs that the global economy is faltering. Investors should be defensively positioned. ...

We assess the investment implications of the BoJ and Fed meetings, and give our take on the next policy moves. We also assess the impact on asset markets....