Latest Macro Commentary
The Macro Commentaries are based on the FT Blogs by Gavyn Davies.
Macro Commentary
Gavyn Davies' Blog
The response to secular stagnation will drive the markets post-Covid
January 5, 2021
Much depends on how much Joe Biden...
As Covid optimism grows, investors seek to hedge against inflation risk
December 15, 2020
The global reflation trade means a change...
The risks of the global Covid debt bridge
December 8, 2020
Markets seem unconcerned that the pandemic has...
Democracies that failed the Covid test will struggle on climate change
November 16, 2020
Efforts to address both issues are hampered...
The future of fiscal policy without traditional constraints
November 2, 2020
Covid response has shown inflation and interest...
Japan’s Suga inherits an economy stabilised by Abenomics
October 20, 2020
The country is no longer such an...
Global goods sector drives economic recovery
October 6, 2020
Markets are reflecting sectoral shifts in the...
Expect long-term economic scarring from Covid-19
September 22, 2020
Forecasts for GDP growth look optimistic, but...
The Fed risks higher inflation to boost jobs
September 9, 2020
The US central bank’s new monetary framework...
US Covid-19 surge could trigger a double-dip recession
July 20, 2020
Markets are ignoring the possibility that severe...
Central banks expand their role to address the crisis
July 14, 2020
Far from being impotent, they have again...