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Chart: Policy Uncertainty Surges in China
Every now and then you come across a chart that makes you do a double take, and I think this is one of those. It shows the "Economic...
Callum Thomas
Aug 10, 20181 min read


VIDEO: Top 5 Charts of the Week
In this video we run through the free weekly email newsletter "The Top 5 Charts of the Week" and add a bit of extra comments and context....
Topdown Charts
Aug 8, 20181 min read
Weekly Macro Themes - 3 Aug 2018
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...
Topdown Charts
Aug 5, 20182 min read


Emerging Market Stress - Over With?
After charging down to complacent and tight levels, EM risk pricing came back with a vengeance this year. But as the charts below of EM...
Callum Thomas
Jul 31, 20181 min read
Weekly Macro Themes - 27 July 2018
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...
Topdown Charts
Jul 28, 20182 min read
Weekly Macro Themes - 20 July 2018
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...
Topdown Charts
Jul 21, 20182 min read


VIDEO: China Macro, USDCNY, Copper
In this video we talk through the highlights of a recent presentation on the macro outlook for China and the implications for global...
Topdown Charts
Jul 20, 20181 min read


Commodities and EMFX - the Big Breakdown
I wanted to quickly share these two charts as I think they are really important and it's something I've been speaking with clients about...
Callum Thomas
Jul 19, 20181 min read


Chart Of The Week: QT Vs. DXY
This week it's the US dollar and quantitative tightening. Quantitative tightening (aka the US Federal Reserve's balance sheet...
Callum Thomas
Jul 17, 20181 min read
Weekly Macro Themes - 13 July 2018
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...
Topdown Charts
Jul 13, 20182 min read


Chart Of The Week: Global Cyclicals Vs. Defensives
This week it's global cyclicals vs defensives. Last week we talked about the yield curve, which is something a lot of people are talking...
Callum Thomas
Jul 11, 20181 min read


Chart: The Path of Least Resistance for the USDCNY
Today's chart actually comes from a video we released yesterday: "Renminbi Devaluation Risk in Focus". It shows the USDCNY exchange rate...
Callum Thomas
Jul 4, 20181 min read


VIDEO: Renminbi Devaluation Risk in Focus
In this video we look at the USDCNY exchange rate and talk through the top-down view on how the Chinese Yuan could still have a lot...
Topdown Charts
Jul 3, 20181 min read


Weekly S&P500 #ChartStorm - 1 July 2018
Those that follow my personal account on Twitter will be familiar with my weekly S&P 500 #ChartStorm in which I pick out 10 charts on the...
Callum Thomas
Jul 1, 20187 min read


Chart: US Stock Market Leverage
With the latest monthly margin debt stats from FINRA just out it's worth taking a look the chart of aggregated stock market leverage. ...
Callum Thomas
Jun 25, 20181 min read


VIDEO: Top 5 Charts of the Week
In this video we run through the free weekly email newsletter "The Top 5 Charts of the Week" and add a bit of extra comments and context....
Topdown Charts
Jun 13, 20181 min read


Chart: Emerging Markets Sovereign CDS
Another update to a really important chart for emerging markets, this one shows the median 5-year sovereign CDS premium across 14...
Callum Thomas
Jun 12, 20181 min read


VIDEO: Top 5 Charts of the Week
In this video we run through the free weekly email newsletter "The Top 5 Charts of the Week" and add a bit of extra comments and context....
Topdown Charts
Jun 6, 20181 min read


Chart Of The Week: Eurozone Credit Risk
This week it's a look at credit risk pricing in the Eurozone. This is a chart I've been using a lot in recent months, of course as of the...
Callum Thomas
Jun 5, 20182 min read


Sentiment Snapshot: Vol Rising
This week in the sentiment snapshot I take a look at volatility. For context, in the sentiment snapshot series I look at some of the...
Callum Thomas
Jun 4, 20183 min read
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