global macro

Whatever you think Trump's actions over the next 4 years will deliver in capital markets, you're probably wrong.

The US budget deficit is over US$2T for the last year - that's almost 8% of GDP, highest since the GFC.

The US budget deficit is over US$2T for the last year - that's almost 8% of GDP, highest since the GFC.

We canvas the views of leading commentators to answer an important question that is hanging over markets.

In hindsight, August was a sharp sneeze in an otherwise historic bull market. But what would you buy if a meaningful pullback arrives?

The looming copper shortage jeopardises our dreams. Where is the activism of aspiration & abundance? For mining: a grand opportunity awaits.

There is good reason to expect the $A to rise into next year, and a strong case for a slight weighting toward hedged global investments

Here is a look at the macro factors that drove markets in May.

We expect that most major central banks will be cutting interest rates by the end of the year as inflation slows and economic growth is low.

Key Points: • Global economic growth has improved a little and the US economy remains very resilient. However, progress towards lower inflation has slowed. •...