What happened?

Macro Strategies, Brexit Beat

The United States and China surprised me with their announcement of a small “phase one” trade deal..

Macro Strategies, Trade

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

Macro Strategies, Market Outlook

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