Investors seem skittish about the balance of risks in financial markets. On the one hand, we expect..

Macro Strategies, Market Outlook

Losing interest in bank loans now that rates have begun to fall? It’s a common gut reaction for..

Bank Loans

The fact that US trade with China has declined shouldn’t be a surprise. But how bad is the damage?

Macro Strategies, Friday Fact, Trade

While the longest economic expansion in US history continues, investor skepticism regarding its..

Macro Strategies, The Fed, Central Banks

Global economic activity indicators are signaling that the manufacturing-driven slowdown has not..

Macro Strategies, Sovereign Research, Market Outlook, Infographic

On August 5, 2019, the US dollar-Chinese yuan (USDCNY) exchange rate broke above 7.0 yuan to the..

Macro Strategies, Sovereign Research, Emerging Markets, Currency