US Dollar
We assess the investment implications of the BoJ and Fed meetings, and give our take on the next policy moves. We also assess the impact on asset markets.
This report takes a look at bond and FX market technical indicators and calibrates the decision to increase portfolio duration and get long the US dollar.
As Trump’s victory odds rise, the underperformance of European equities deepens. How negative would a global trade war be for European assets?
Investors should overweight US assets and de-risk their portfolios in anticipation of a major increase in policy uncertainty and geopolitical risk surrounding the US election and its global ramifications.
US dollar liquidity has been shrinking, which has important ramifications for global asset prices, including currencies. In this report, we delve into the process of dollar liquidity creation and the outlook for currencies over the next six-to-twelve months.
The conventional wisdom is wrong: Trump is not going to substantially cut taxes once in office; he is going to raise taxes by jacking up tariffs. To the extent that this dampens economic activity, it is bad news for stocks but good news for bonds.
In this week's report, we review the impact of political developments, as well as incoming fundamental data, on our positioning.
