Omicron will not derail global growth

December 14, 2021 | Articles

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.

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Is the Fed right about inflation?

November 30, 2021 | Articles

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.

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Central banks at a crossroads

November 9, 2021 | Articles

The November 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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From reflation to overheating

November 4, 2021 | Articles

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.

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China’s slowdown hurts global outlook

October 12, 2021 | Articles

The October 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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Taper tension

October 5, 2021 | Articles

The September 2021 edition of Numera’s US Macro Stategist (formerly Monitor) focuses on Fed policy, exploring the financial market implications of Fed tapering and the likelihood of a tightening cycle. We find that multiple rate hikes remains unlikely, continuing to support equity returns even as long-term yields pick up.

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Markets underpricing EZ inflation risk

September 9, 2021 | Articles

The September 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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Macro implications of infrastructure bill

September 2, 2021 | Articles

The August 2021 edition of Numera’s US Macro Monitor investigates the economic and financial market implications of the bi-partisan Infrastructure and Jobs Act (IIJA). We find that the IIJA could lift US GDP by around 0.5%, and improve the relative appeal of equities versus fixed income holdings.

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Will Delta derail the economy?

August 12, 2021 | Articles

The August 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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