Markets

Roger Hirst
Markets
Members Public

The Dollar, Emerging Markets, and Volatility

A surging dollar could have significant implications for reflation, emerging markets, and volatility.

Diego Tremiterra
Markets
Members Public

Tapering, The Return of Growth, and Oil's 7-Years High

Tapering is not yet an issue, growth is timidly coming back and oil is near 7 years high.

Roger Hirst
Markets
Members Public

Market, Corporates and Central Banks’ View on Inflation

Commodity prices and CPI subcomponents continue to flag an increased risk of inflation.

Diego Tremiterra
Markets
Members Public

Healthier Positioning, Green Politics, and Carbon Allowances

Positioning in the market has become less extreme, especially ahead of what has historically been a lower return period for the stock market.

Roger Hirst
Markets
Members Public

Corporate Taxes, EM Tech, and New Investing Principles

We find the increased focus on corporate taxes to be a fair and necessary discussion to have, especially given the number of loopholes that corporates are currently benefiting from.

Diego Tremiterra
Markets
Members Public

Gold Miners and Energy Alternatives

The reflation trade is still alive, gold miners may provide an outsized opportunity, and the low carbon emission economy is becoming an important long-term economic driver of prices.

Roger Hirst
Markets
Members Public

Short-Term Inflation, Long-Term Unknown

Short-term vs long-term inflation expectations are telling two different stories about the fundamental strength of the economy.

Diego Tremiterra
Markets
Members Public

The Acceleration of Retail Participation

Asset price performance has been quite solid across the board and the Yield Curve has continued its steepening, with rates in the long end getting closer to 2%.

Roger Hirst
Markets
Members Public

The Risks to 2021 Consensus Outlook

The reflation narrative has become the overwhelming consensus view for 2021. This implies a weaker dollar, higher bond yields, and outperformance from emerging markets and commodities.

Diego Tremiterra
Markets
Members Public

2020: Financial Markets in Retrospective

US Tech, Gold, and Bitcoin did very well, whilst the US Dollar and Crude Oil were the big losers of the year.

Roger Hirst
Markets
Members Public

Two Possible Types of Reflation

Whilst the potential for inflation has been on the rise recently, we still feel it’s unlikely that we’ll see any undesired increase in price levels at least for the next year.

Diego Tremiterra
Markets
Members Public

Financial Markets Post US Elections

What the US elections result has taken away from the reflationary narrative has been more than offset by the vaccines headlines.