Macro

Find the latest macro analysis and insights

Growing hopes for an industrial renaissance in Germany
  • 13 hours ago

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

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.

Can Semiconductor Makers Navigate Rising Water Risks?
  • 30 Jul 2026

Water scarcity and purity are critical risks for semiconductor makers in the AI era. As companies race to capitalize on the AI boom, water security is emerging as a material risk across the value c...

Anomalies in the GDP and Inflation Data
  • 30 Jul 2026

Today's economic data releases highlight notable gaps in how price changes are measured, driven largely by structural differences in the two major inflation indices amid modest but steady economic...

Glass Half Full—Leveraged Finance Markets Stabilize in Second Quarter Capping a Resilient First Half
  • 30 Jul 2026

Despite macro and geopolitical headwinds, leveraged finance markets stabilized in Q2, setting the stage for stronger M&A activity.

2Q26 Municipal Bond Market Overview
  • 30 Jul 2026

1,2,3. Source: FactSet; data as of June 30, 2026. 4,5. Source: MSRB; data as of June 30, 2026. 6. Source: Federal Reserve; data as of June 30, 2026. 7. Source: MSRB; data as of June 30, 2026. 8. So...

AI, macro events, and diversified returns
  • 29 Jul 2026

In a UBP-hosted podcast, Kier Boley, CIO of UBP Alternative Investment Solutions, spoke with Joseph Kelly, Managing Partner at Campbell, about two themes currently shaping conversations with invest...

UK Real Estate: Talking Points July 2026
  • 29 Jul 2026

Welcome to our concise quarterly snapshot of current real estate market trends.