Highlights Our immediate reaction to Theresa May's vision of Brexit boils down to three points: You can wish all you want... but what you wish isn't what you get. Do you understand the legal framework? Where does this leave…

Special Report

Feature Which of the following activities requires more brainpower: beating a grandmaster at chess, or cleaning the table underneath the chessboard? The answer is cleaning the table. This explains why Artificial Intelligence (AI) can…

Highlights Trump's protectionism supercharges our theme of Sino-American tensions. China is at a stark disadvantage to the U.S. in a trade war. China cannot give concessions easily; it may batten down the hatches. Remain short…

Special Report

Highlights The pound will suffer more in the near term as Brexit negotiations take center stage. However, this will create a buying opportunity as the pound is only getting cheaper. Moreover, the economic outlook is constructive and…

Special Report

Dear Client, I am visiting clients in Saudi Arabia, Abu Dhabi, and India this week, and as such there will be no regular Weekly Report. Instead, we are sending you a Special Report written by my colleague Marko Papic, Senior Vice…

Highlights Will inflation return in Europe & Japan? Can Trumponomics successfully boost U.S. economic growth? Will global market volatility remain this low? Can China avert a crisis and still be the engine of global growth?…

Highlights Overall Strategy: The global economy is entering a reflationary sweet spot that will last for the next two years. Investors should overweight equities, maintain slightly below benchmark exposure to government bonds, and…

Special Report

Future Development In Emerging Markets And What Sectors To Look Out For1 The global population is peaking. For Emerging Markets this means significant changes in economic development models. Commodity super-cycles are coming to an…

Special Report

Feature Dear Client, For the last publication of 2016, we have opted to do something a little different. 2016 was a year were political shocks took pre-eminence. Whether we are talking Brexit, Trump, Italian referendum, Japanese upper-…

Highlights 1.How Will The European Economy Cope With Higher Interest Rates? 2. How Will The European Stock Market Cope With Higher Interest Rates? 3. How Will The EU Respond To The Start Of Brexit? 4. Will The Bank of Japan's 0%…