The updated Italy’s Stability Programme confirms a loose fiscal stance
The Italian Finance Ministry published its updated Stability Programme yesterday . The document confirms a
Insights
Insights
Stability Programme: Italy’s hinges on growth
Italy’s updated Stability Programme should be published this week. The government is likely to argue
Trilateral NAFTA Deal Reached But a Long Road Ahead
The trilateral deal announced by the US, Canada, and Mexico reduces but does not eliminate
The macro in EUR inflation and equity markets
We emphasised that while a broad-based European recovery continues, the acceleration in Euro area activity
FOMC raised the rate as highly expected
The FOMC raised the target range for the funds rate to 2-2.25% at its September
EM , We prefer equity for this quarter
EM assets did not get a vacation this summer, and the old adage of “sell
After Tariffs on More Imports from China Finalized; We see Further Escalation Seems Likely
The White House has proposed a lower tariff rate than we expected (10% vs 20-25%
The Yield Curve of US Does Not Indicate Elevated Recession Risk
The historical correlation between yield curve inversion and recession is impressive. But what exactly is
ECB left its policy stance and communication unchanged
The ECB Governing Council left its policy stance and communication unchanged at the September meeting.
More Tariffs ,More Growth, and More Hikes
The news on job growth in the August employment report was mixed. On the positive