The December 2021 edition of Numera’s Global Macro Strategist offers a roadmap to navigate global financial markets in 2022. We first present our key macro predictions for next year, and then discuss how to adapt portfolios to a less favourable global landscape..
The December 2021 edition of Numera Analytics’ Global Macro Perspectives report features in-depth commentary of the key macro themes shaping the global economic outlook, as well as our latest country and regional views on growth, inflation and exchange rates.
The December 2021 edition of our Commodity Market Outlook report offers two-year price forecasts for all the key sectors (oil, industrial metals, gold) we cover on a regular basis. As usual, we also provide an update on our latest views on broad commodity markets.
The November 2021 edition of Numera’s US Macro Stategist explores the ongoing ‘transitory’ versus ‘permanent’ inflation debate. We find strong evidence that professional forecasters and policymakers are underestimating US inflationary risks, and therefore the path of long-term yields in 2022.
The November 2021 edition of Numera’s Global Macro Strategist explores the case for an increased EM exposure in global portfolios in 2022. Although EM assets are trading at a discount, we find global and domestic macro forces weaken the relative appeal of most EM investments.
The October 2021 edition of Numera’s US Macro Stategist discusses the investment implications of a probable shift from reflation to overheating. We find strong evidence the economy could overheat in 2022, favouring value over growth and worsening the appeal of sovereign bonds as a macro hedge.
The October 2021 edition of Numera’s Global Macro Strategist explores the factors behind soaring global energy costs, and investigate the implications of power shortages for the global growth outlook. We also discuss implications for commodity investments and energy exporters.
The October 2021 edition of our Commodity Market Outlook report focuses on industrial metals, covering recent market developments and our pricing outlook for copper and iron ore over the coming year. As usual, we also provide an update on our latest views on broad commodity markets.