As I was going through and updating the various indicators that I monitor something in the credit space surprised me. The NACM CMI (think...

I had to think a bit before going with that title. The term "melt-up" is an increasingly overused word, and given this article features...

In this video we look at the "SCANNZ economies" - carrying on the tradition of other country acronyms such as the BRICS or the PIIGS! ...

With the December round of PMI data just released, it's a good time to take a look at some of the key macro and market metrics for...

In this video we look at the tops and tailwinds in China as 2018 looms. Specifically, the video walks you through a couple of slides of...

The November property price data out of China confirmed what we've been talking about for a while now (before most others caught on); the...

Much as I expected (given the progression of the data) the Fed hiked again in its December meeting [and in the background continues to...

In this video we look at the astounding relative performance seen between cyclical stocks vs defensive stocks and why it matters so much...

As the global economic cycle heats up, it's worth posing the question: when does "so good" become "too good"? It's a reference to one of...

This post looks at a curious and obscure indicator on the US economy which has in the past provided some clues on the outlook for the US...

In this video we look at the US Federal Reserve's senior loan officer survey and how a couple of key indicators in that report spell it...

Whether it's a bubble, or viral adoption, or something else, I think most would agree that the rise of Bitcoin and cryptocurrencies in...

The US IPO market shows a familiar ebb and flow to the stock market price cycle. Studying the trends in IPO activity can yield...

The latest round of PMI data for Europe reflected what we're seeing across the economic sentiment indicators for the Eurozone: i.e. the...

Regular readers and followers on social media will be familiar with this chart, but what will probably be surprising is how this...

Here's a brief preview of the topics and charts covered in the latest edition of the Weekly Macro Themes report. To read more and see the...

The topic of the yield curve is one that has been coming up a lot lately, particularly as the 10s minus 2s spread has dipped to the...

The November readings of the Thomson Reuters/Ipsos Consumer Sentiment indexes revealed a picture of solid consumer confidence at a global...

Here's a brief preview of the topics and charts covered in the latest edition of the Weekly Macro Themes report. To read more and see the...

In my conversations with clients a common topic of interest is that of US high yield credit spreads. Indeed, it's almost the opposite...