Find the latest macro analysis and insights
China’s fifteenth five-year plan (2026–2030), to be unveiled by the National People’s Congress in March, is expected to reshape how the People’s Bank of China manages the renminbi (RMB) exchange rate.
The potential use of the justice system against a sitting Federal Reserve Chair represents a line that markets have not previously had to price.
Heading into 2026, the consensus view is broadly constructive: accelerating growth, easing inflation, lower interest rates, and another leg higher for equities. We don’t disagree with this directio...
The belated Q3-2025 US GDP report brought welcome news on the growth front. Real final demand expanded at a 3% annualized rate, up from 1% in the immediate wake of the tariff shock. Unfortunately,...
A year ago, we pondered the implications of the economy and stock market’s growing dependence on AI-related capital spending. By the middle of the year, a variation on this theme had become convent...
The turnaround in Japan’s macroeconomic performance in the years since Shinzo Abe’s 2012 election has been nothing short of remarkable. After contracting by 0.7% in yen terms over the prior two dec...
The US Department of Justice subpoenas raise more questions.
Marketing communication. For professional investors only. Capital at risk. European ETFs saw strong momentum in 2025, with US$98bn in Q4 flows pushing full-year net new assets to a record US$373bn....
Copyright © 2026 Markets Recon. All Rights Reserved.
