Central Banks are changing
30 Sep 2020 - Dario PerkinsOnce upon a time, it was my job to advise the UK government on the Bank of England’s policy remit, which the Chancellor has the option of adjusting every year. I’m sure whoever is in that role today is spending much of.
#Central Banks #Federal Reserve #Monetary Policy #European Central Bank #Inflation
Road to inflation
27 Jul 2020 - Dario PerkinsInflation remains an important theme for our clients. Perhaps this reflects supreme confidence in the policies governments and central banks have introduced to support their economies during the COVID-19 pandemic. With.
#Central Banks #Inflation #Equities #Covid19 #Unemployment
Investors can’t rely on central banks
24 Jun 2020 - Dario PerkinsThe bounce in global stock markets since March has been both spectacular and a bit puzzling. Despite widespread gloom among institutional investors about ‘fundamentals’ – concerning both the macro outlook and the.
#Central Banks #Federal Reserve #Liquidity #Equities #Fiscal Policy #Covid19 #Bear Market
Macro policy vs Covid-19 - Has policy done enough?
26 May 2020 - Dario PerkinsThe recovery in investor sentiment since March has been impressive (even puzzling...). Back then, as the global economy entered lockdown, a “flight-to-safety” rapidly became disorderly, leading to an outright.
#Central Banks #Balance Sheet #Fiscal Policy #Covid19
The war on deflation
15 May 2020 - Dario PerkinsThe COVID-19 pandemic has forced governments and central banks to work together to support the economy. While most investors welcome these efforts – it is the reason global asset prices have recovered from their March.
#Central Banks #Monetary Policy #Inflation #Recession #Covid19
What can policymakers do?
03 Mar 2020 - Dario PerkinsTwo weeks ago everyone was working with the same assumption about the coronavirus. China would contain the virus reasonably quickly and gradually reopen its factories. There would be some disruption to global supply.
#Central Banks #Fiscal Policy #Covid19
The rules to being a sellside economist
21 Jan 2020 - Dario Perkins1) Economic forecasts: Forecasting GDP is basically a waste of time - no investor actually cares what this backward-looking gauge of the economy is doing. But getting it "right" is one of the few (though dubious) ways.
#Central Banks #Liquidity #GDP #Recession
Is the consensus wrong?
09 Jan 2020 - Dario PerkinsThis is the time of year when economists across the financial sector are busily marketing their chunky ‘year ahead’ volumes. There is an old joke that the savvy investor should take note of whatever consensus emerged.
#Central Banks #Inflation #2020 outlook
The Folly Of Inflation Targets
31 Oct 2019 - Charles DumasAs part of our Global Fractures series, Charles Dumas, our Chief Economist, and Steven Blitz, our Chief US Economist, explain why monetary policy has failed to generate the desired levels of inflation. Inflation targets.
#Central Banks #Federal Reserve #Global Fractures #Monetary Policy #Trade War #European Central Bank #Inflation #Interest Rates #Eurozone #Bond markets #Fiscal Policy
