Markets are readying themselves for US-China decoupling by sharply reducing exposure to Chinese stocks. Some Japanese companies have started exploring ways to go ‘zero-China’, with Honda Motor exploring a project…
Read More
The easing of Covid-19 restrictions in China cannot mask the assault on individual liberties. Under the cover of the pandemic, the Chinese authorities are exerting greater control over the population…
The y/y for the consumption deflator in the US eased from 6.61% to 6.27% in April. The gap between headline CPI and PCE price index inflation has now widened to…
The US renewables industry is under threat from the Biden administration’s plans to increase domestic manufacturing via protectionist policies. The largest solar farm builder in the US has accused President…
Huw Pill last week questioned the appropriateness of QE as a tool to tackle the next bout of market disruption, given elevated rates of inflation globally. Policymakers are gradually acknowledging…
The two speeches by Mark Carney and Isabel Schnabel this month may turn out to mark a pivotal turning point in markets. The narrative that real rates may shift upwards…
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…
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…
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…
In the UK, Omicron infections are running at 200k a day, according to the UK Health Security Agency, based on new modelling. The spread of Omicron is very fast, and…
