Listen to a short summary of this report. Executive Summary The TIPS Market Foresees A Sharp Deceleration In Inflation TIPS breakevens are pointing to a rapid decline in US inflation over the next two…
An aggressive Fed, geopolitical uncertainty and global growth concerns have supported the dollar since the beginning of the year. This trend recently intensified, with EUR/USD breaking down below parity in intra-day trading on…
In lieu of next week’s report, I will host the monthly Counterpoint Webcast on Monday, July 25. Please mark the date in your calendar, and I do hope you can join. Executive Summary Central banks face a ‘Sophie’s…
According to BCA Research’s European Investment Strategy service, while EUR/USD possesses ample upside over the coming 12 months, there is roughly a 1/3 chance that it will plunge to 0.9 by the winter. The euro benefits…
Executive Summary Don’t Try Catching Falling Euros The euro is inexorably moving toward parity. However, many positives could still save EUR/USD, a cheap currency that will benefit if the fears of a global recession recede…
Executive Summary The Dollar And Volatility The dollar continues to be bid, as volatility rises. The MOVE volatility index is making fresh cycle highs and has pushed the DXY index above our stop level of 107 (Feature Chart…
Executive Summary Global risk assets are oversold, and investor sentiment is downbeat. In this context, a technical equity rebound cannot be ruled out. However, we do not think it will be the beginning of a major cyclical rally. The…
Executive Summary Buying a home is now more expensive than renting in many parts of the world. In the US and UK, disappearing homebuyers combined with a flood of home-sellers will weigh on home prices over the next 6-12 months.…
Listen to a short summary of this report. Executive Summary A Tremendous Inflow Into US Government Bonds Multiple frameworks exist for managing currencies. These include forecasting growth…
In this Strategy Outlook, we present the major investment themes and views we see playing out for the rest of the year and beyond.