17 April 2019 This podcast complements the blog of the same name, which can also be found on the website. For those of you too busy to read during the holiday weekend, I thought I would make life easy for you! Good luck! Happy Easter! Comments always are welcome!
Kick the Tires: Forecast Update
17 April 2019 In our 2019 Global Strategy blog entitled "Turning (Even More) Defensive" (published in September 2018), we outlined the broad macro themes we expected to drive financial markets. Given the sharp market swings that have occurred since last Autumn, I thought it would be worthwhile to review these themes in light of subsequent [...]
Mexico & Brazil: Populism’s First 100 Days
5 April 2019 In elections last year, voters in both Brazil and Mexico opted overwhelmingly for populist candidates. To be sure, Latin American populism takes many shapes. In Mexico, Andres Manuel Lopez Obrador's version (AMLO) promised significantly higher spending on social programs and infrastructure. Brazil's new President Jair Bolsonaro has pledged assertive efforts to clamp [...]
Global Central Banks: Taking 2019 Off!
21 March 2019 At its March meeting, the US Federal Reserve signaled it would keep interest rates unchanged in 2019. In a similar fashion, the European Central Bank (ECB) at its recent gathering signaled interest rate hikes will be delayed until next year, and additional monetary support was forthcoming. But, that's not the end of [...]