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  Conflicting forces are dominating the UK labor market. Data released on Tuesday revealed that the unemployment rate ticked up from 3.6% to 3.7% in the three months to October (the second consecutive increase), providing some…
Special Report We explore the eight major themes that will define economic and market trends for Europe next year.
Special Report In this report, we discuss our most important investment themes for global fixed income markets in 2023, and present our main investment recommendations based on those themes. Our broad conclusion: an environment of slowing global…
In this Strategy Outlook, we present the major investment themes and views we see playing out next year and beyond.
  The UK Royal Institution of Chartered Surveyors’ (RICS) house price net balance – which is calculated as the difference between the share of property surveyors expecting house prices to increase and those that expect…
Special Report In this Special Report, we consider what some common monetary policy rules are recommending for the major central banks and derive conclusions on duration strategy and country allocation for bond investors. We conclude that rate hike…
Special Report What is the outlook for the European housing market amid rising mortgage rates and the energy crisis? Does housing represent a systemic risk? Can households weather the storm? And what are the opportunities, if any?
  Price pressures remain intense in the UK. Headline CPI inflation jumped from 10.1% y/y to a 41-year high of 11.1% in October – surpassing expectations of a milder acceleration to 10.7%. Similarly, the month-on-month rate…
Central banker messaging after the latest rate hike announcements in the US, UK and Australia indicates a shift in focus from the pace of hikes to how high rates must rise to slow growth and bring down inflation. This represents the…
Europe is hampered by a lower trend growth rate, but has room to grow faster than the US over the next two years. How can investors profit from this outlook?