Global Strategy
Oil: Market Not Factoring in Iranian Political Risk
There is one area which is receiving very little attention in the markets but which could well be dominating headlines…
More Tariffs Means More Monetary Easing
It may be a little ridiculous. But Donald Trump’s surprise decision, or threat, to impose a new round of tariffs…
Will Monetary Easing Continue? Look to the Powell Pivot and Inflation for Answers
After a recent 25bp cut, Grizzle Strategist Chris Wood examines the economic data to determine whether further monetary easing should…
Labour Reform Helping France’s Economy to Finally Bounce Back
An interesting article appeared in the London-based Financial Times last month (“French central bank chief says ECB should not be…
China’s Economy Still Strong Despite Trade and Tech War
There has remained continuing newsflow on the US-China trade war. What about the condition of the Chinese economy? The view…
Eurozone Fiscal Integration – The Escape Valve for European Banks
There have been interesting developments of late in the Eurozone. These have raised expectations of even more dovish monetary policy…
Deconstructing the Donald’s Political Decisions
The Donald is clearly having the time of his life. I have to admit I find it quite remarkable how…
The Declining U.S. Dollar Is Good News for Asia
There has been a lack of currency volatility for most of 2019. But of late that has begun to change.…
Can Share Buybacks and Fed Easing Hold Up the Market?
The ludicrous algos have continued to send share prices higher as central bankers have continued to compete to sound more…
Big Tech in the Antitrust Crosshairs While Bitcoin Amps Up
The issue of regulating the Silicon Valley titans has been back in the news recently. One trigger was a Wall…