Going unnoticed? We were right in our forecast for a weaker Dollar, but has anyone noticed?
Markets are now focused on inflation, as we have been warning, however the focus is still on consumer inflation, and not so much on producer inflation, which is where we see the problem...we continue to expect corrections, with the potential for an earnings recession....
The nervousness we have been anticipating since the end of April has started to have an effect on markets and this is clearly highlighted by the sharp rise in Fed repo activity, reflecting a move into cash.
Bond defaults by Chinese property developers quadrupled in 2020 to Yuan26.6bn ($4bn) and, by mid-March 2021, developers had already defaulted on Yuan8.7bn...…. China’s domestic corporate bond debt payable over the next 12 months is around $1.3tn, over 60% more than in Europe and 30% more than in the US....USDCNH
Sympathy towards governments by voters may turn quickly into dissent, as government spending cuts and higher taxation start to impact, as debt mountains start to be tackled...
Macro Thoughts Ltd
Since 2012, top tier global Hedge, Pension, Investment and Insurance Fund managers, as well as corporates and private individuals, have benefited from Macro Thoughts’ proven insight, market commentary, hedging, and investment strategies to leverage opportunities, with positive returns on over 75% of strategies, producing double digit returns for our clients over consecutive years.
Macro Thoughts is independently researched and draws on extensive macroeconomic and market experience gained in Fixed Income, Futures, Derivatives, Bond, Forex, Commodity and Equity Index markets and from strong Global Macro investment, risk taking and strategy backgrounds. Far-reaching product knowledge across asset classes enables us to consider hedging and investment strategies that reflect our expected market trends. Macro Thoughts is directed by Keith Grindlay, whose experience spans, somewhat uniquely, both the buy and sell side, having managed trading and investment desks at top tier institutions, ensuring all strategies are evaluated for risk/reward and the optimal instrument(s) for best leveraging the strategy suggested are employed.
Globally recognised for strong analytical skills, aligned with a particular aptitude for anticipating global economic events ahead of the majority of commentators, Macro Thoughts’ independent fundamental economic research and analysis and resultant strategies have a track record that assures exceptional results, with a service that surpasses the model of bank-supplied, partisan research and stands out from the general contributions on platforms that your clients and peers already have access to. The support and value offered by Macro Thoughts, delivering written research and analysis, presentations and consulting services, is backed by decades of macroeconomic and market experience and can be tailored to your specific requirements.
Member of the Royal Economic Society & EuroIRP, the European Association of Independent Research Providers.
www.macrothoughts.co.uk
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.