Fixed Income

Into late 2021, further FED backing, further rise in reflationary assets

Last week, the FED confirmed its commitment to its aggressive monetary stimulus policy. Quantitative tightening or rises in Fed Fund...

Late last month we argued that risk assets were ripe for a correction, that the breadth of the rally was fading, and that bellwether...

We note that currently one graph stands out as a very precise indicator of risk-on and risk-off dynamics. Indeed, after having been bid...

One thing we can say about the early February financial assets sell-off is that it was difficult to find any place to hide. Equities...

At our recent lunch presentation to the GSCGI mid September, we presented our reflationary scenario for the next 12 to 18 months. Read...

GSCGI lunch, 16th September 2016 presentation Read more...

Introduction When we first presented our reflation scenario back in mid-April of this year, doomsayers were still very much predominant....