But given the general uncertainty around trade policy, one should begin looking more closely at short-term inflation expectations, which have been on the rise. … READ MORE >
Joseph Brusuelas
Market minute: Is the fight against PCE inflation like waiting for Godot?
The January PCE inflation report, to be released Friday, will most likely show a 0.3% top-line increase on the month and a 2.5% increase from one year ago. … READ MORE >
Market minute: The impact of China’s ailing property markets
The Chinese Real Estate Climate Index, released by China’s National Bureau of Statistics, stands at 92.78, well below its historical average of 99.47. … READ MORE >
Market minute: Complacency in markets understates growing risk
Several measures of risk point to increasing complacency in financial markets despite the possibility of rising interest rates, changing trade and fiscal policies, and rising inflation. … READ MORE >
Volatility in markets: Hedging risk in an era of growing uncertainty
It is clear that volatility in interest rates, bond yields and foreign exchange markets will accelerate and that firms will need to consider ways to hedge that volatility. … READ MORE >
Market minute: Rebar prices and dying disinflation
Economists have stepped up their research to ascertain if disinflation has ended and how that affects the risk matrix around the economy. … READ MORE >
Market minute: Soft economic landing at risk
Businesses, and the economy overall, face uncertainty amid the regime change in the global economy. … READ MORE >
Market minute: Canadian dollar remains under duress
Should higher tariffs on Canada announced by the United States take effect, we would expect the value of the loonie to continue depreciating against the dollar. … READ MORE >
Market minute: The ripple effect of higher European defense spending
A common European Union defense buildup would provide substantial relief to many manufacturers, particularly in Germany. … READ MORE >
The new mercantilism: Tariffs and currency manipulation in an era of U.S.-China tensions
After decades of growing trade and current account imbalances in the U.S., the new administration has set out to change this equation. Now, a new mercantilism, rooted in tariffs and trade protection, is emerging. … READ MORE >