Trade Armistice Is a Green Flag to Risk Assets; Trump Wins, China Loses
Since the US will keep tariffs unchanged on half its imports from China (similar to tariffs that prevailed in Sept-Nov 2019, when US imports from...
385 Views
U.S. Equity Strategy: Bullish, but Extended
We believe U.S. equities remain bullish but if they are to continue their ascent we would prefer that those areas also associated with economic...
406 Views
China Phase 1 - Dumb Deal
Not So Fast: Mainland China is NOT reducing tariffs on USD 138 bn of existing US imports at rates of 5%-25%, and will only suspend new tariffs....
303 Views
US Manufacturing: Less Predictive for the Economy, but Still Significant for Corporate Profits
Courtesy of the Fed's dovish policy pivot last year, investors no longer fear a US recession in 2020. Although the economy entered 2020 at a growth...
367 Views
U.S. Equity Strategy: Growth Surging Relative to Value
As we head into Q4 earnings season we remain bullish on the broad market. Our bullish outlook is supported by the themes highlighted in this...
372 Views