Thursday’s US CPI release showed that the disinflation trend remains intact with the monthly print remaining soft at 0.2% m/m, slightly lower than expected. The SPY initially rallied on the downside inflation surprise but…

  While the July US CPI release provided a positive signal that the disinflationary trend remains intact, a key question going forward is how much more scope is there for this process to run. One way to answer this question is by…

  The preliminary release of the University of Michigan’s Consumer Sentiment survey shows US households’ 1-year ahead inflation expectations unexpectedly ticked down from 3.4% to 3.3% in August, surprising consensus…

  According to BCA Research’s Commodity & Energy Strategy service, gold’s appeal as a safe haven and store of value will increase as fiscal dominance overtakes monetary dominance at the Fed. Fitch’s…

  The rise in bond yields over the past few weeks has made some investors wonder whether US Treasurys and other government bonds really are a good hedge against recession. Could there be an environment in which the economy goes…

  As expected, the US CPI release shows the monthly headline and core inflation gauges were both unchanged at 0.2% m/m in July. Notably, annualized monthly core inflation fell below 2% for the second consecutive month. Similarly,…

  According to BCA Research’s Geopolitical Strategy service, investors should stay overweight low-beta assets. Geopolitical risk is likely to stay elevated in Asia Pacific in the coming months. Mainland China faces debt-…

  During the last economic expansion, a structurally overweight allocation to stocks was at least partially warranted by the idea that “There Is No Alternative” – or “T.I.N.A.” During the last…

  On Monday, Moody’s downgraded the credit ratings of 10 small to mid-sized US banks and placed some of the biggest US banks on downgrade watch. The latter include Bank of New York Mellon, US Bancorp, State Street, and Truist…