In today’s briefing:
- Pretexts, My Dear Boy, Pretexts
- Overview #23 Gold, Bonds and the USD
Pretexts, My Dear Boy, Pretexts
- The financial shock and greater uncertainty, all else equal, imply a disinflationary backdrop
- The current trade posture alone implies either a one-off or a more persistent inflationary environment
- But comprehending the shocks might not be the real challenge, rather it is about unraveling what is harnessed as a pretext and what is not
Overview #23 Gold, Bonds and the USD
- A review of recent events/data impacting our investment themes or outlook
- Gold is now considered the most crowded trade. Should we be worried?
- Who is going to buy US government bonds going forward?
Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Data and News
- ✓ Events & Webinars
Unlock all research summaries