This weekly update provides a snapshot of changes in the economy and markets and their implications for investors.
The current U.S. earnings growth downcycle has been largely consistent with the recent deterioration in macroeconomic momentum.
While no deal is not the most likely scenario in our view, the risks are rising. The UK outlook is binary. A Brexit deal could see sterling bounce to 1.40 against the dollar, but no deal on 31 October could see a further slump to 1.10.
Themes from the quarterly Quantitative Beta Research Summit