Over the past few months, we have been deploying new market-timing tools aimed at improving the accuracy of our calls. Today’s report highlights our ultra high-frequency Daily Oscillators, which ...

Go Long Korean Won Versus USDKorea’s capital outflows have reached an extreme, pushing the exchange rate to a very low level. This creates an opportunity to go long KRW versus USD.The Korean won has ...

Spain's equity and bond outperformance reflects genuine fundamental repair: Lower bad loans, stronger profitability, and sustained earnings upgrades. Valuations remain undemanding despite the rally.

Federal Reserve Chairman Jerome Powell issued a statement on Sunday acknowledging that the Department of Justice (DOJ) had served him with a subpoena as part of an investigation into his oversight of ...

This morning’s CPI report signals that the worst of the tariff impact on inflation may already be in the rearview mirror.

The risk to Iran's regime survival raises the probability of a massive global oil supply shock back to around 40%, where we put it last year.

Please join Chief Geopolitical Strategist Matt Gertken and Strategist Jesse Kuri for a Webcast, Thursday, January 15 at 10:30 AM HKT, 1:30 PM AEDT. Matt and Jesse will discuss: Unilateral US action to ...

2025 ReviewIn 2025, the global fixed income market witnessed positive total returns. In USD-hedged terms, the Bloomberg Global Aggregate Index delivered a total return of 4.9%. The Bloomberg global ...

The year 2026 has started off well, with not even the threat to central bank independence denting the market's enthusiasm. Perhaps our tactical caution is misplaced. SCOTUS’ focus on tariffs, the fate ...

After a very weak first quarter in which real consumption grew at just 0.6% on an annualized basis, households have shopped with vigor, growing spending by 2.6% and 3.5% in the second and third ...

Much like the 2000 episode, we expect this year to unfold in two stages: A “Great Rotation” from tech stocks to non-tech names in the first half of 2026 followed by a broad-based selloff in stocks in ...

We head into 2026 with Treasury yields that have largely traded sideways for the past two years (Chart 1). As we discussed in our Key Views 2026 Special Report, the two most likely scenarios for this ...