Americas CIO View

By: David Bianco

Capex: A corporate confidence signal

Americas CIO View

By: David Bianco

Stubborn inflation, deteriorating US fiscal health to curb bonds and stocks

Americas CIO View

By: David Bianco

No ceiling, no landing: 3-5% inflation cruising altitude

Americas CIO View

By: David Bianco

Surviving tribulations of beta management: Be patient and busy elsewhere

Americas CIO View

By: David Bianco

Companies are preparing for a recession: How about you?

Americas CIO View

By: David Bianco

Washer set to deep clean: Beware alternating rotations, drain could reopen

Americas CIO View

By: David Bianco

Getting Past the Panic: Mend capital availability, then capital costs

Americas CIO View

By: David Bianco

Further tightening required: Fed Funds rate ex-ceeding 5% raises many risks

Americas CIO View

By: David Bianco

Manufacturing & Digital recession = S&P 500 profit recession, but not for jobs

Americas CIO View

By: David Bianco

Super profits of 2021-2022: New norms or exceptional circumstances?

Americas CIO View

By: David Bianco

A long year ahead and opportunity cash now pays interest: Be patient!

AI must fix it

By: Björn Jesch

No economic slump, falling inflation and the first interest rate cuts. Not a bad environment for capital investments, especially bonds. AI must deliver soon for equities.

Aging societies – the end of “Japanification”

“Japanification” = shorthand for countries with persisting low inflation and yields, but the comparisons fall short

After the pandemic savings glut

Why we think there might still be excess savings left, even among U.S. households, to keep the global economy rolling for a little longer.

After the June cut: what’s ahead for ECB rates

The ECB cut its policy rates in June, as expected. But that does not mean that the Frankfurt- based central bank will cut again in July.