Latest Macro Commentary

The Macro Commentaries are based on the FT Blogs by Gavyn Davies.

Macro Commentary

Gavyn Davies' Blog

How markets are reacting to the US-China trade war

How markets are reacting to the US-China trade war

June 4, 2019
Last year’s global market panic has not...
Shinzo Abe contemplates one last throw of the economic dice

Shinzo Abe contemplates one last throw of the economic dice

May 21, 2019
With growth weak, Japan’s prime minister weighs...
The Fed grapples with low inflation and trade wars

The Fed grapples with low inflation and trade wars

May 14, 2019
Markets expect rates to be cut but...
Eurozone to rebound on domestic and China stimulus

Eurozone to rebound on domestic and China stimulus

May 7, 2019
Despite lagging the global recovery outlook is...
What you need to know about modern monetary theory

What you need to know about modern monetary theory

April 30, 2019
MMT does not win much respect from...
ECB considers options to combat low inflation

ECB considers options to combat low inflation

April 16, 2019
Draghi’s successor will need new weapons to...
Global economy may still defy the pessimists this year

Global economy may still defy the pessimists this year

April 9, 2019
The sharp slowdown late in 2018 has...
The great bull market reaches its 10th birthday

The great bull market reaches its 10th birthday

April 2, 2019
What does this phenomenal rise in risk...
US corporate debt is high but not yet dangerous

US corporate debt is high but not yet dangerous

March 26, 2019
Financial balance is strong but the leveraged...
China’s cyclical recovery is picking up steam

China’s cyclical recovery is picking up steam

March 12, 2019
Growth rebounds as the threat of trade...
Federal Reserve’s fundamental rethink about inflation

Federal Reserve’s fundamental rethink about inflation

March 5, 2019
Can monetary regime prevent US from morphing...
Alarm bells ring for the Goldilocks world economy

Alarm bells ring for the Goldilocks world economy

February 26, 2019
Advanced economies, particularly the eurozone, are still...