Insights

We expand our risk/reward analysis of US investment grade corporate bonds to focus on the 44 industry groups included in the Bloomberg index. ...

Inflationary pressures this year will remain subdued as labor-productivity growth – driven by strong capex and R+D spending – continues. This will make the Fed more confident in beginning its policy-rate-cutting cycle in June, and will keep gold well bid. We are raising our gold target to $2,300/oz....

For the first time in at least fifty years, US labour supply is running well below labour demand, meaning the US economy is ‘inverted’. We discuss how and why the economy inverted, and what it means for recession, inflation, and asset allocation. Plus: NVDA is at a consolidation point. ...

Thematic investing has become increasingly important for investors over the past few years. However, the vast majority of investors underperform when investing in thematic strategies. In this report we provide three tips for investors who wish to allocate to thematic strategies. These tips have litt...

In this Strategy Outlook we examine why, contrary to popular perception, the odds of a global recession over the next 12 months are rising not falling. ...

GAI is a powerful force that will revolutionize the global economy and we are sold on this long-term investment theme. To partake in the upward momentum, we recommend a nuanced approach. The GAI infrastructure cohort is now overbought - there should be a better entry point. The models and applicatio...

In this Insight, we continue our series of reports outlining investment frameworks for inflation-linked bonds in the developed markets, this time focusing on Japan. Our Japanese Inflation-Linked Golden Rule suggests that investors should overweight Japanese inflation-linked bonds versus nominal JGBs...

AI is not the Early-Stage bet investors should be making. It is obvious and highly competitive. Venture Capital is not about direct competition but about pioneering new directions. While everyone is distracted with AI, investors should look to Aerospace & Space Technology. Strategic buyers will ...

A risk/reward ranking of the 10 major US investment grade corporate bond sectors. ...

Does the recent surprise rate cut by the Swiss National Bank augur other dovish surprises among major central banks in Europe? ...