December 2018 - Available

Monthly Issues

Issue #24, 11th December 2018

Themes:

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04/ Executive Summary

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06/ Mapping the Markets

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12 / U.S.-China trade: a cease-fire ends a battle, but the war is not over yet, by any means

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15 / Timing and Tactical Insight - Trade Talks - Truces are meant to be broken

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23 / Update On Systemic Monetary Liquidity: problematical Q4 2018 and early 2019 but after that it could be interesting consider risk assets again

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27 / Timing and Tactical Insight - As Liquidity contracts, Credit markets are showing signs of weakness

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34 / The Fed walks back on it aggressive monetary policy stance: December hike is on, but 2019 may see much slower tightening pace

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38 / Timing and Tactical Insight - The Yield curve is still flattening, the scope is limited, yet it may still extend lower into mid Q1

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45 / The ECB has delivered the goods, but will start taking them back soon; monetary policy as a tool in dealing with growing populism in the Eurozone

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48 / Timing and Tactical Insight - Too many risks still looming over Europe

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56 / Splicing the markets - Oil Falling like a knife, don’t try to catch it for now