July 27, 2020
Housing market: build back better for the long-term
We are likely to face another decade of quantitative easing and ultra-low interest rates. In…
July 10, 2020
Russia: the RUB remains stable
The result of the constitutional referendum strengthened our view that the RUB will remain well…
June 24, 2020
Underestimating inflation for two decades
Since around 2001 – household surveys say that consumers’ experience with price increases is higher…
June 23, 2020
Keep your eyes on the trend, not the noise
June PMI confirmed further improvement in the recovery, though the picture is not as constructive…
June 19, 2020
House prices: negative across the board
Residential house price prospects are negative across the board. Yesterday the Czech Central Bank loosened…
June 18, 2020
Stock market models: NYSE & DAX
We have created stock market models to give an indication of equity valuations and trends…
April 8, 2020
The roller coaster business cycle
The economic challenges we are facing at present and those ahead for the coming few…
March 18, 2020
The new normal: infinite QE and higher rates
There are so many moving parts these days that it is easy to feel completely…
December 12, 2019
The Fed is fooling you and herself
The FOMC kept the target range for the federal funds rate unchanged at 1.5-1.75%, as widely…
