Themes and implications from the Global Fixed Income, Currency & Commodities Investment Quarterly
The theory of negative interest rates is straightforward, but the practice is not. What do negative rates mean for savers?
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.
In the wake of the Global Financial Crisis, all eyes are on dynamic, responsive funding strategies that can deliver long-term goals in a risk-aware way.
Predicting recessions is not easy and we do not claim to have uncovered a perfect crystal ball. What we have developed is a framework for tracking the risks, and potential magnitude, of a downturn in the US economy.
The US recovery is now the longest on record. Nobody knows exactly how much longer this expansion will last.