Lagging Fed Raises Risk for the AI Trade

Global Macro Thought Leadership

AI, Productivity & the Bullish Medium-Term Outlook

Will the Fed Spoil the Good Times by Adjusting Policy in Any Direction?

Sales and earnings growth are BOOMING. Bears better hope the Strait of Hormuz remains closed.

Are Markets Underpricing Sudden Stop Risk?

Has the US–Israel–Iran Ceasefire Eliminated Left-Tail Risk?

A Global Liquidity Crisis Is Underway… What’s Next?