Macro Matters is a global investment blog brought to you by LGIM’s Asset Allocation team. We’re focused on sharing our most compelling thinking to help you become more informed investors.

Latest articles

Macrobites

Summer throwback

Just over a month ago we completed our Capital Ring 4 Kevin Chessum (CR4KC) challenge. I thought I would take advantage of the proverbial 'summer lull' to provide an update.

Read more

Macrobites

I still like tech

For a sector accustomed to getting headlines for its stellar growth and equity returns, the past few weeks have felt a bit different for technology companies. It's time to take stock, think about what we’ve learnt and revisit our bullish macro case for the sector. In short, however, I still like tech.

Read more

Economics

Euro sitting duck

With the European Central Bank spelling out monetary policy for the next eighteen months, they could be a victim of developments elsewhere. Against a backdrop of slowing Eurozone growth and lacklustre inflation, the US seems likely to hike several times and increase Treasury supply by over $1 trillion, potentially tightening global credit conditions significantly and leaving Europe exposed. 

Read more

Strategy

Will equities rally ahead of the US mid-terms?

History suggests that equities struggle to make gains ahead of US mid-term elections. With anti-trade rhetoric likely to feature in this autumn’s campaign, this time is unlikely to be different. On the other hand, we have also learnt to be prepared for the opposite with President Trump.

Read more

Economics

Good cop, bad cop - is Trump a negotiating genius?

On the face of it, Donald Trump has proven to be an aggressive and erratic US president. Yet academic research shows 'good cop, bad cop' works as a negotiating technique. Although we're seeing a lot of 'bad cop' Trump at the moment in the trade war, is this just a negotiating tactic?

Read more

Economics

Rehab – China is tackling its debt binge

Something remarkable has happened over the past two years: China has started to tackle its addiction to debt. With the authorities finally addressing China’s biggest economic weakness, the medium-term risk to the Chinese (and global) economy should be on the decline.

Read more

Economics

A postcard from Greece

For a small economy, Greece has kept European economists like me very busy, particularly at times of economic and political stress. Here are my key takeaways from a recent trip meeting policymakers, investors and analysts.

Read more

 

Search

Date From:
Date To: