Latest Macro Commentary

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

Macro Commentary

Gavyn Davies' Blog

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...
China’s new trade offer is better than a tariff war

China’s new trade offer is better than a tariff war

February 19, 2019
Xi Jinping’s plan would turn the country...
How American women can help the Fed — and vice versa

How American women can help the Fed — and vice versa

February 12, 2019
Female labour participation is rising again, relaxing...
Why is Germany flirting with recession?

Why is Germany flirting with recession?

February 5, 2019
China is an important factor but temporary...
Will we see a rerun of a market meltdown, just like in 2016?

Will we see a rerun of a market meltdown, just like in 2016?

January 29, 2019
Many observers believe global recession risks are...
The Fed’s balance sheet is (mostly) a red herring

The Fed’s balance sheet is (mostly) a red herring

January 22, 2019
QE had significant economic and market impact...
Recessions and bear markets — the terrible twins

Recessions and bear markets — the terrible twins

January 15, 2019
A global recession is unlikely this year,...