Macro

Find the latest macro analysis and insights

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Growing hopes for an industrial renaissance in Germany
  • 31 Jul 2026

This article assesses Germany’s industrial renaissance, showing how 34 reforms, infrastructure spending and confidence effects could lift investment,...

Cross Asset Investment Strategy - July 2026
  • 31 Jul 2026

Sweeping reforms and investment could power Germany's renewal and create new opportunities across European equities.

The week in markets: A tale of two halves
  • 31 Jul 2026

Markets endured a rollercoaster week, swinging from geopolitical fears, rising bond yields and a sharp technology sell-off to a powerful recovery as earnings and economic data steadied investor ner...

Monetary Policy on Hold
  • 31 Jul 2026

The Fed, BoJ, and BoE held rates constant, but with different messaging.

Long Yields Climb As Fed Holds Steady
  • 31 Jul 2026

A review of the week’s top global economic and capital markets news.

July FOMC Recap—More Bark Than Bite?
  • 30 Jul 2026

The Fed held rates steady today as Chair Warsh’s tough talk on inflation failed to translate into action.

Can Warsh get markets to play the ball, not the referee?
  • 30 Jul 2026

Federal Reserve (Fed) Chair Kevin Warsh hosted his second Federal Open Market Committee (FOMC) meeting this week, with most people, including ourselves, expecting a hawkish hold.