THE CAPITAL OBSERVER

April  2018

January 2017  -   published on 24th January 2017

Contents

04 / Inflation is breaking out everywhere, but it may not be the rewarding strategy to go for reflation trades during H1 2017

08 / As US growth is at risk of decelerating, possible roadmap through a distribution period for some key assets

17 / Inflation and its implications for the US Dollar and Euro relationship

10 / MJT Insight

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As the economy decelerates, Bond Yields should top and start to retrace

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19 / MJT Insight

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The Dollar could be topping out, hedging US assets could lead to outperformance

06 / MJT Insight

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Reflation trades should top out and start to retrace during Q1 2017

July 2017  - Available !

June 2017  - Available ! 

May 2017  - Available ! 

April 2017  - Available ! 

March 2017  - Available ! 

February 2017  - Available ! 

January 2017  - Available ! 

December 2016  - Available ! 

22 / China and base metals: Infrastructure spending continues to underpin metals a little longer

24 / MJT Insight

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China is still in a period of transition

The shift towards more reflationary policies by many growth-starved countries around the world is still largely an aspirational one, offset in many instances by slowing trade, poor demographics, weak productivity, and heavy debt burdens. As such, we think that the cross-currents of near-term reflationary stimulus juxtaposed against the aforementioned structural macro headwinds likely mean more volatility lies ahead for investors again in 2017.

KKR GLOBAL INSTITUTE

27 / Splicing the markets - Disparities in the Eurozone worsenduring H1 2017