Research - April Op-Ed - The return of inflation is a US story

Inflation expectations in the US non-financial sectors continue to rise. However, we think a post-covid inflation regime change is not obvious, and if it materialised would remain limited to the US

April Global Macro Monthly - Inflation to rise, but how fast and for how long?

Virus and vaccines continue to drive growth outlooks. China saw a slower first quarter, but we raise our annual outlook.

Iggo's insight - A token price

Part of the crypto finance infrastructure went public this week by issuing traditional equity on a traditional exchange to raise traditional dollars.

Research - US election update: clarity, but not certainty

With results continuing to trickle in as initial vote counts conclude, multiple news agencies declared Pennsylvania for Biden over the weekend, taking him over the 270 votes needed for an electoral...

Insight - COVID-19 update: US policy response

The effectiveness and impact of the US policy response.

Research - Individual government challenges and the Covid-19 debt surge

Considering the rise in government debt in key developed markets

Research - Trump outperforms polling, in for the long haul

President Trump has done much better than polls suggested, but as yet the Presidential election outcome is unknown and appears on a knife-edge

Research - How governments can respond to the COVID-19 debt surge

A theoretic overview of debt and the possible measures to reduce it

Macro Insights Research - COVID-19 update: A disinflationary shock - Part 2

Longer-term inflation drivers: Government debt financing and institutional change

Research - UK Budget: Next steps, not complete vision

David Page, Head of Macro Research, comments on the UK Budget and outlook for medium-term public finances.

Market Thinking - COVID-19: Why 2020 is not 2008 – the fund manager view

As we consider how the world will recover from COVID-19, it is vital that we remain aware of how this crisis is very different in nature to the market shock of 2008/2009 and understand how this...

COVID-19 Impact: AXA IM’s macroeconomic and investment strategy update

The COVID-19 crisis continues to cause significant volatility. This is an exceptional and defining time for the global economy, but policymakers and central banks are taking decisive action to...

Insight - Macro Research - US presidential election preview: You’re fired?

Outlook for the 2020 vote, and the potential economic and market consequences

Market Thinking - What investors should expect in 2021: The key areas shaping markets

Most of us are understandably looking forward to seeing 2020 in the rear-view mirror.

Macrocast #84 - The cost of dominance

The high level meeting between US and Chinese officials last week was acrimonious.

Macrocast -Global Imbalances Redux ?

We don’t think Europe can easily emulate the US and engage in a massive fiscal stimulus. More emerging countries are hitting the limits of their policy space.

Tomorrow Augmented Why green energy is nowhere near bubble territory

Rising valuations for clean energy companies highlights the importance of fundamental analysis and a considered view

Research - Bank of Japan: Assessing the outcome of its strategic review

The Bank of Japan kept the status quo at its March monetary policy meeting but the market’s attention was on its policy review