Macro Regime Indicator: Heavy Long in Cyclical FX
We anticipate consistent QT in both USDs and EURs in the forthcoming month. On a 3-month time frame, and given the assumed conditions, our model...
339 Views
Out of the Box: Central Banks Are Insolvent. How Do We Deal with It?
In our “out of the box” series, we aim at being ahead of the current consensus narrative and think of the next theme that could drive price action...
315 Views
Recession Playbook: Here is how we think the recession will pan out
We have refrained from taking a decisive stance on the recession timing through the year and have generally had the view that recession risks (for...
811 Views
Portfolio Watch: Manufacturing versus Services
Welcome to our weekly Portfolio Update. We have had a great week as 1) Energy continues to outperform more labor-intensive sectors, while the USD...
463 Views
Rates Watch: Anything Weak Enough to Receive?
It’s been an ongoing struggle to be on the receiving end of rates for a couple of years and we generally find the rule of thumb to be the...
322 Views