Are equities stalling?
The “excess” money backdrop for markets has become less favourable, with mixed prospects for H2. Continue reading
More slowdown signals
OECD leading indicator data and survey evidence on stocks support the forecast of a H2 loss of industrial momentum. Continue reading
Alarming Eurozone / UK money data
April money numbers signal rising recession risk and suggest that policy-makers should be considering easing not tightening. Continue reading