The Bank of Japan revised its forward guidance on Thursday in an attempt to match the dovish stances taken by other central banks. Given the lacklustre performance of the Japanese…
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Steady growth and low inflation are a good mix for equities, even when big names such as Intel stumble. Intel’s results are not symptomatic of the broader trend, reflecting firm-specific…
Climate change and the ramifications for financial markets are being given greater consideration by policymakers. A carbon tax is now openly discussed, as political leaders come under pressure to take…
The economy has turned a corner. Passenger car sales in China rebounded 8.2% m/m in March. The y/y decline of 6.9% was the smallest since last August. Property prices also extended an…
The rally in the US stock market is almost glacial. Last week’s gain (+0.58%) followed a rise of 0.34% in the previous week. Nevertheless, despite all the talk of a…
Modern monetary theory (MMT) has been a hot topic in recent months. Central banks across the industrialised world have struggled to hit inflation targets. If Governments could just print money…
Over the next two months, the y/y for the core deflator is likely to show further sizeable declines from January’s reading of 1.79%. However, emboldened by the Republican pushback against…
