Asset Allocation Focus Examining the threat to US equities from rising wage inflation We expect rising wage inflation in the US to squeeze the profits of the non-financial corporate sector, which were a record high as a share of its output in Q2. This is one reason why we think the... 22nd October 2021 · 14 mins read
Asset Allocation Focus The world after COVID-19 We forecast that the returns from equities will beat those from government bonds in the world after COVID-19. However, we expect the outperformance of large-cap equities in the US to end. 20th October 2020 · 25 mins read
Global Economics Focus Lasting blow to supply capacity is not inevitable It is by no means inevitable that the coronavirus crisis puts a big permanent hole in the supply capacity of economies (i.e. their ability to produce goods and services). With the right government... 29th June 2020 · 28 mins read
Asset Allocation Focus What a bout of deflation would mean for asset returns This Focus examines the implications of deflation for asset returns. It is motivated by the recent collapse in market-based measures of US inflation compensation amid the spread of coronavirus, to... 25th March 2020 · 12 mins read
Asset Allocation Focus What would ‘deglobalisation’ mean for asset allocation? Globalisation has probably peaked and could be partly reversed as a result of technological change and protectionist policies. This would have significant implications for asset markets, which have... 24th October 2019 · 20 mins read
Asset Allocation Focus A primer on our new Asset Allocation Service This primer is the first Asset Allocation Focus on our new Asset Allocation Service. The service considers the asset allocation implications of our comprehensive macroeconomic and financial market... 27th September 2019 · 12 mins read
