21st July 2021 Capital Economics analyst Jonas Goltermann observed that for most of the second half of 2020 as Treasury yields were rising, the Russell 2000 index of U.S. small-cap stocks outperformed the large tech-heavy Nasdaq. View article
The Yield Curve Moves to a Fatal Dis-Inversion For markets, Capital Economics concludes, such bear steepenings have generally “been followed by significant falls in long-term government bond yields, as well as equity indices.” 5th October 2023 · Bloomberg
This Bank of England Policy Meeting Will Be Excruciating Jonas Goltermann, an economist at Capital Economics, explains why he’s not positive about the pound: "We doubt the BoE will deliver all the tightening now discounted in markets – and if it does, that... 22nd June 2023 · Bloomberg
The credit market hasn’t cracked yet Jonas Goltermann of Capital Economics, a consultancy, says the tightening is more reminiscent of the growth scares of 2015-16 and 2018 than of a credit crunch. 26th May 2022 · The Economist
