Articles

The British Labour government's budget highlights the extent to which fiscal flexibility has diminished in Europe

The EU Business and Consumer Survey illustrates the reality facing the European Union. The bond market should take note of this

VW's conflict with the trade unions could prove decisive in Germany and the rest of the Eurozone. A positive outcome is possible, but it will be an exceptionally challenging task

Donald Trump's 'second term', the EU's security situation - and what Russia's wartime economy might indicate for the European bond market

NPC Meeting: Beijing knows what is suitable for the Communist Party - but not necessarily for China with plenty of 'capitalist characteristics'

Mr Scholz, Tear Down This Government Coalition - and Call Elections

The skeletons are falling out of the closet in Germany and France. This demands action. Monetary or Fiscal expansion - or both?

The Impact of a Trump Victory on the European Bond Market: What Investors Need to Know

Friedrich Merz sees a significant rise in support in opinion polls. The Schuldenbremse discussion intensifies

Chinese house prices continued their 'free fall' in September, with consumer confidence at rock bottom - yet the economy still grew in Q3. What exactly does Beijing want?

ECB set to cut rates today. EU politicians pushing for self-sufficiency will lift the floor for policy rates

German politics will be crucial for the European Union. Friedrich Merz faces a challenging task as the 'next' Chancellor 

China could solve the overcapacity problem instantly - but Beijing has no plans to change a 'successful strategy'

Avoiding a bearish steepening of the Eurozone yield curve will be challenging

Beijing has chosen an expensive approach without reforms to a structural crisis. The ideological direction remains unchanged

The US Federal Reserve will find it challenging to lower policy rates significantly in 2025

Due to a business trip, there will be no updates on the website Wednesday-Thursday [October 9-10]. Therefore, there will also be no Weekly Newsletter next week

Recession and lack of action in Berlin further fuel AfD's rise in opinion polls. The risk of stagflation in the Eurozone will prevail in 2025

USA: Early and late-leading indicators all point towards a reacceleration in the demand side in the first half of 2025

The Western world faces a prolonged period of supply-side volatility. Central banks' minimum interest rates will be higher than before

Israel views Iran's attack as a welcome 'invitation' to launch comprehensive strikes on Tehran's nuclear weapons programme. Israel sees Iran as an existential threat

EU: Massive infrastructure investments - both public and private - are coming, but the room for manoeuvre is limited. The risk of stagflation is high

China's extensive 'firefighting' following yet another miscalculation in Beijing. Stimulus measures will be China First and higher commodity prices

Beijing finally gave in. Now, Berlin needs to remove its blinders to help Germany and the Eurozone

Chairman Powell may be on the road to making the next policy mistake - overly optimistic rate cut expectations

China inflates the balloon one week before the 75th anniversary - but fiscal stimulus is, so far, absent

China 'adjusts' to reduce the risk of social unrest, but the direction remains the same. The consequences for the EU will be significant

German Politicians with Blinders Risk Creating Chaos in the EU: The Perfect Outcome is Narrow

The Federal Reserve did the right thing, but it gives food for thought in the bond market

Eurozone: Wage pressure will not disappear. The outcome of the VW labour conflict will be crucial for Germany and the entire EU. Intel cancels factory in Magdeburg

China no longer has wise political leaders - but weak EU leaders continue to fall for old tricks in Beijing

The Eurozone faces chaotic years ahead - and the ECB cannot help much this time. The AfD is looking forward to the 2025 election

In the West, the risk of stagflation is likely more significant than the risk of recession

The final version of the Mid-Year Update Presentation is now available here

The Eurozone and the USA face a complicated period of policy rate cuts

EU: The UN Population Revision 2024 shows even stronger demographic headwinds unless politicians promote rather than hinder the spread of Artificial Intelligence

There will be no updates on August 31-September 9 due to vacation

USA: Falling inflation, a 50 basis points rate cut, and a new growth leg sound almost too good to be true. It is, indeed!

IFO survey: Germany's industry is in deep trouble, but Berlin is still wearing blinders

Germany's Economic Crisis in Slow-Motion: Berlin needs to act decisively before it is too late

Insightview's perspective on the US Federal Reserve's potential policy shift, recession, the Presidential election, the bond and stock markets

AI, Demographics, and Geopolitics - and What It Means for the Stock Market [article and video]

China: Everything points towards an 'asset price recession' unless stubbornness is replaced by realism in Beijing

The Federal Reserve's path of policy rate cuts and the implications for the bond market

A steepening US yield curve 'assumes' the Federal Reserve will do the 'right thing.' A robust NFIB survey shows why this will not be a classic economic slowdown

State elections in Germany: Sahra Wagenknecht benefits from the 'bookkeeper approach' in Berlin

The impact of AI on the US economy: Is divergence between SP500 market cap and nominal GDP too high?

The US Federal Reserve is likely more nervous than investors due to a significant decline in TIPS inflation expectations

Navigating the market bubble without losing sight of the big picture: ISM service survey brings relief to a nervous stock market

The blinders are off. A different aftermath due to a markedly different environment than in the past

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