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.
Macrocast #84 - The cost of dominance
The high level meeting between US and Chinese officials last week was acrimonious.
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...
Market thinking - COVID-19 Impact: AXA IM’s macroeconomic and investment strategy update – the economic rebound
The COVID-19 crisis continues to cause significant volatility.
Market thinking - COVID-19 Impact: AXA IM’s macroeconomic and investment strategy update: The cost of the lockdown
The COVID-19 crisis continues to cause significant volatility.
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.
Aviso accionistas AXA Court Terme - creación nueva clase de acciones
Aviso a los accionistas de la SICAV AXA Court Terme - creación de una nueva clase de acciones "Todos los suscriptores" ("B") no registrada en el extranjero
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