The economic backdrop remains conducive to corporate earnings growth and monetary policy normalisation. However, three risk factors tarnish the positive …
Category: Analysis
Italy: caution is the watchword
The announcement that Italy has formed a government initially sent a wave of relief over markets, most probably because this …
Economic and Financial Outlook – 2nd semester, 2016
Report completed on September 19th, 2016
Better growth despite a complex environment
Uncertainty stemming from the UK’s vote to leave …
Keep Calm and Carry On (at least outside the United Kingdom)
Four weeks after the British vote to leave the European Union, financial markets appear to have followed the British Government’s …
Economic Outlook – April 2016
Business confidence is proving resilient despite the recent turmoil in financial markets. The PMI composite index for the Eurozone as …
Is the Fed slipping into bad habits?
In the absence of rate rises at the FOMC’s meeting on March 16th, its members and Chair, Janet Yellen, managed …
