Macro Thoughts Commentary ' Trucking Economics'
Much reliance is placed on US growth, but will it be as elusive as US inflation has been to date?
US (2.6%yoy) and UK GDP data (1.5%yoy) for Q4 2017 both had strong positives, but is the IMF right to increase US and global growth expectations and lower the UK’s, and are commentators getting ahead of themselves, with data releases again being lower than their expectations? If so, this could be dangerous, risking disappointment, as over $30bn has moved into global equities already in 2018. Both US and UK Q4 GDP data were in line with Macro Thoughts’ non-consensus forecasts.
The US could be hit by a hammer, but not the kind of inflation the Fed will want to see, while global trade may already be suffering.
Truck driving may not be the most glamorous of jobs, but it is a good barometer of the strength or weakness of the US economy and demand and employment in other industries.
www.macrothoughts.co.uk
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.