Will the global economy overheat?

February 9, 2021 | Articles

The February 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. 

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Economy to soar with Biden stimulus

February 3, 2021 | Articles

The January 2021 edition of Numera’s US Macro Monitor explores the growth and equity market implications of President Biden’s $1.9T stimulus proposal. We find the full package could lift real GDP by about 3.5% this year and operating earnings by as much as 15%.

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Growth pushed back to spring time

January 19, 2021 | Articles

The January 2021 edition of our 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.

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Will the metals ‘bull’ run continue?

January 13, 2021 | Articles

The January 2021 edition of our Commodity Market Outlook focuses on base metals and iron ore, covering recent market developments and our pricing outlook over the coming year. As usual, we also provide an update on our latest views on broad commodity markets.

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Will the rally continue in 2021?

January 6, 2021 | Articles

The December 2020 edition of Numera’s US Macro Monitor  explores the rollout of the COVID-19 vaccine, and its impact on investor sentiment. Confidence in a swift economic recovery has caused equity prices to rise well above their ‘fair’ value, with important implications for new investments.

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The reflation trade is back on for 2021

December 17, 2020 | Articles

In the December 2020 edition of Numera’s Global Macro Monitor, we discuss our views about the global economy in 2021, and its implications for investment strategy. As the world transitions towards a ‘reflationary’ regime, we suggest overweighting hard assets and resource-rich equity markets. Read More

A global reflationary regime in 2021

December 15, 2020 | Articles

The December 2020 edition of our 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.

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Gold to approach $2000 in 2021

December 9, 2020 | Articles

The December 2020 edition of our Commodity Market Outlook focuses on gold prices, covering recent market developments and discussing our gold price outlook over the coming year. As usual, we also provide an update on our latest views on broad commodity markets.

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The shift is on towards ‘value’ stocks

December 2, 2020 | Articles

The November 2020 edition of Numera’s US Macro Monitor explores the financial implications of the COVID vaccine, focusing on the likelihood a durable shift towards ‘value’ stocks. We find there is a strong case for overweight positions on value stocks in 2021, although growth should regain its long-term edge once valuation differentials normalize.

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Euro stocks face imminent risks

November 20, 2020 | Articles

The November 2020 edition of Numera’s Global Macro Monitor focuses on equity market prospects for Europe in a context of rapidly worsening public health outcomes. Although favourable vaccine developments boost the medium-term outlook, high stock prices and a probable near-term downturn worsen the appeal of new equity investments.
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