Daily Global Perspectives

Traditional wisdom has always been that conservative parties were good for business and left-leaning parties were not...

Along with post-pandemic strength of the U.S. economy and markets, the dollar has steadily climbed against all major currency pairs and most EM currencies...

Last week’s cooler-than-expected CPI print showed that consumer prices declined by 0.1% for the month in June and rose by 3.0% year over year.

Recent U.S. economic data indicates a continued slowdown in price increases, prompting many investors to consider a September Federal Reserve rate cut a near certainty. The equity market implications may be different than you expect.

The UK and France both held major elections over the past few months. While the outcome in one was anticipated, the other was anyone’s guess. And the resulting market reactions reflected the dichotomous outcomes.

Last week’s spate of U.S. economic data and revisions suggest one thing: the job market is slowing. This has significant potential implications for both the September FOMC meeting and risk asset weightings.

Political instability in France has sent the CAC 40 index down almost 10% since it peaked in May. The markets currently seem relieved that France’s far-right RN party may not gain an absolute majority in the French Parliament—but that could still mean gridlock and a debt crisis.