Alongside a potential bifurcation of US and China poles, the fight to achieve net zero emissions by 2050 will still constitute the overarching investment principle driving capital allocation and global…
There are two takeaways from the March Business Inflation Expectations survey: 1) business inflation expectations for firms in the Sixth District accelerated again in March (i.e., no sign of a…
Shenzhen, a city of 17.5 million people, has been put on lockdown for at least six days to curb a Covid outbreak, with factories in the tech and manufacturing hub…
Monetary policy appears to have exhausted itself: the EU is now considering ‘massive’ bond issuance to finance energy and defence spending. Governments in the EU and UK are going to…
There is a risk now that the escalation of the Russia-Ukraine conflict will push oil past $100/barrel. It could be argued that any conflict would be negative for global growth…
The RoMac Whole House Commodity Index jumped again in mid-February by 7.5% m/m to $64,079, a new record. The spread of price pressures beyond lumber is indicative of the supply…