Weekly Macro Strategy – Back To Pre-SVB Levels? – March 31, 2023
· Weekly Macro Strategy ·
We remain constructive on global economic prospects for the next 6-12 months, and do not expect much fallout from this month’s banking problems.
Webcast – The Toppling Of Economic Dominos – (8min:26sec) – March 30, 2023
Webcasts & Webinars ·
In this Webcast Phillip Colmar provides a contrast between the current macro environment compared to that of the 2010s.
Regional Equities – Late-Cycle Positioning – March 30, 2023
· Equities ·
Equity prices have been under pressure in recent weeks, but we expect the banking sector stresses to soon die down and for the global economic expansion to continue at a moderate pace.
Global Fixed Income – Snapping Weak Links – March 29, 2023
· Fixed Income ·
Volatility in the U.S. and G7 government bond markets has surged again in response to U.S. and European banking system strains.
Weekly Macro Strategy – More Bumps On The Road To The Finish Line – March 24, 2023
· Weekly Macro Strategy ·
Fragile sentiment relating to banks may linger for a while longer, but DM regulators will ultimately do whatever it takes to restore confidence in their banking systems…
MRB TradeBook – Protecting Profits During A Mini-Panic – March 17, 2023
Absolute Return ·
Add to Favorite Reports The euro area financial sector came under intense selling pressure this week which… Continue
Absolute Return Strategy – Interest Rate Normalization & Global Financial Stocks – March 15, 2023
Absolute Return · ·
There are still widespread recession concerns, entrenched optimism on much lower inflation, and investors are generally confused about where we are in the economic and investment cycle.
Weekly Macro Strategy – A Widening Gap: Deleveraged Versus Weak Link Economies – March 10, 2023
· Weekly Macro Strategy ·
The risk-on phase seems likely to persist for as long as DM long-term bond markets are relatively calm, because recently only the short-end of the curve has reacted to rising policy rate expectations.
Webcast – Fed Whipsaw – (11min:07sec) – March 8, 2023
Webcasts & Webinars ·
In this week’s Webcast, global strategist Peter Perkins discusses the outlook for capital markets over the next 6-12 months and MRB’s recommended asset allocation.
Asset Allocation Strategy – Bonds Hold The Whip Hand – March 3, 2023
· Asset Allocation ·
The global economy may be firming, but good economic news is now bad news for bonds, and in turn, risk assets.
Weekly Macro Strategy – Service Sectors Gain Momentum, Bond Yields Are Next – February 24, 2023
· Weekly Macro Strategy ·
The global economic outlook has brightened: service sector activity is strengthening, especially in the euro area and Asia.
Global Equities – Elevated Cyclically-Adjusted Valuations Underscore Risk – February 23, 2023
· Equities ·
Equity valuations are often elevated toward the end of economic expansions when investor sentiment is optimistic, and earnings are high, which is the case today.
Webcast – Equity Dilemma: Stronger Economy Vs Higher Bond Yields – (10min:05sec) – February 22, 2023
Webcasts & Webinars ·
In this Webcast Phillip Colmar focuses on the major macro forces driving equities and bonds and narrows in on the current outlook for investment strategy.
Foreign Exchange – Gold Or Cryptos: Which One Is More Appealing? – February 21, 2023
· Foreign Exchange ·
The pause in bond yields late last year encouraged global equity investors to embrace risk-on across the board…
Weekly Macro Strategy – Markets Are Still Betting On 2% Inflation – February 17, 2023
· Weekly Macro Strategy ·
The tactical risk-on phase should persist until DM government bond yields break out on the upside.
Equities – Global Trade Is Key To The Earnings Outlook – February 16, 2023
· Equities ·
There remains considerable uncertainty about the economic outlook, but we have been and remain more constructive than the consensus…
Webcast – Profiting From Understanding The Cycle – (7min:42sec) – February 14, 2023
Webcasts & Webinars ·
In this Webcast Phillip Colmar focuses on the economic and investment cycles.
Weekly Macro Strategy – Does The Fed Really, Really Mean It? – February 10, 2023
· Weekly Macro Strategy ·
Global growth will improve, particularly in the euro area and Asia.
Absolute Return Strategy – Investors Misinterpret The Cycle Yet Again – February 10, 2023
Absolute Return · ·
Investors are now progressively capitulating to our more upbeat macro view, which has provided a boost for risk assets.
Foreign Exchange – Euro: Digesting Its Early Gains – February 10, 2023
Foreign Exchange ·
Add to Favorite Reports
Theme – Investors Misinterpret The Cycle Yet Again – February 10, 2023
Absolute Return · · Themes ·
Add to Favorite Reports Investors are now progressively capitulating to our more upbeat macro view, which has… Continue
Webcast – Heed Cyclical Realities – (11min:53sec) – February 7, 2023
Webcasts & Webinars ·
In this week’s Webcast, global strategist Peter Perkins discusses the investment outlook and MRB’s asset allocation recommendations for the next 6-12 months.
Asset Allocation Strategy – Risk-On, But It’s Late, Not Early Cycle – February 3, 2023
· Asset Allocation ·
From 30,000 feet the investment landscape appears appealing.
Commodities – Upgrade As Headwinds Fade – February 3, 2023
Commodities ·
Add to Favorite ReportsWe are upgrading commodities to neutral as China and the euro area regain economic… Continue
Weekly Macro Strategy – Risk Assets Revel From An (Expected) Rate Pause – January 27, 2023
· Weekly Macro Strategy ·
We remain positioned for a further period of risk-on, as headline inflation will steadily decelerate in the first half of 2023 and DM central banks will soon pause their rate hikes.
Webcast – Euro Area Relative Earnings Have Tailwinds – (10min:18sec) – January 25, 2023
Webcasts & Webinars ·
In this week’s Webcast, global strategist Peter Perkins examines euro area corporate profits to help gauge the sustainability of recent euro area equity strength and global outperformance.
Track Record – MRB TradeBook Performance: 2022 Review – January 24, 2023
Absolute Return · ·
The objective of the MRB Absolute Return Strategy is to provide a steady stream of investment ideas, rather than be based purely on the track record.
Weekly Macro Strategy – Corporations Are Profitable And Still Want To Hire – January 20, 2023
· Weekly Macro Strategy ·
We remain positioned for a further period of risk-on.
Equities – Euro Area Earnings: Kicking Into Gear – January 17, 2023
· Equities ·
Prospective better economic growth augurs favorably for euro area corporate profits in aggregate and for key cyclical sectors.
Weekly Macro Strategy – Enjoy It While It Lasts – January 13, 2023
· Weekly Macro Strategy ·
The recent tactical risk-on phase should persist in the first part of 2023.