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(1) An Autumn Bond Selloff? (3 min read)
The US real yield/GDP spread could tighten in the autumn with more active fiscal policy, writes Dominique Dwor-Frecaut. This points to higher real and nominal yields.
(Dominique Dwor-Frecaut│6th May, 2021)
(2) Podcast Transcript: Boris Vladimirov on Inflation Permanence, European Banks and BRICS Outlook (37 min read)
We published the transcript of our recent podcast with Boris Vladimirov, MD at Goldman and before that partner and PM at Rokos, Fortress and Brevan Howard. You can listen to the podcast here.
(Bilal Hafeez│6th May, 2021)
Many Small Businesses in the Services Sector Are Unlikely to Reopen (Liberty Street Economics, 5 min read)
US Dollar Share of Global Foreign Exchange Reserves Drops to 25-Year Low (IMF Blog, 2 min read)
The Green Art of the Possible (Project Syndicate, 4 min read)
ECB’s Lane downplays prospect of durable inflation (OMFIF, 3 min read)
(The commentary contained in the above article does not constitute an offer or a solicitation, or a recommendation to implement or liquidate an investment or to carry out any other transaction. It should not be used as a basis for any investment decision or other decision. Any investment decision should be based on appropriate professional advice specific to your needs.)