top of page

Weekly Macro Themes - 6 May 2022

Here's a brief overview of the topics and charts covered in the latest edition of the Weekly Macro Themes report. I send this report out late Friday NZ time and aim to cover a good mix of macro/ideas/risk topics, across a global macro/multi-asset universe.

This week I covered the following topics/ideas:

1. Global PMI & Policy Pulse: We check in on a number of key themes, looking at Fed rate-hike catch-up, global inflation trends, global growth pulse, the global pivot to policy tightening, and the China PMIs.

2. Gold: Gold bulls face a key test in the form of bearish sentiment/technicals, rising real yields, strong dollar, and an unfriendly Fed. We explore a number of critical charts, as well as the outlook for gold miners.

3. Defensive Value: Remain bullish on what we term "defensive value" as the original value/sentiment/positioning case still stacks up, and recent performance affirms the defensive attributes of the sectors.

Request more information about our institutional research service for your firm, simply fill in the form here. (n.b. the full service is aimed at fund managers and institutional investors)

About the Weekly Macro Themes report

The "Weekly Macro Themes" is part of our institutional offering aimed at multi-asset and macro-driven portfolio managers and strategists. The report takes a chart-driven macro, fundamental and multi-factor approach; a powerful combination of cross-asset idea generation for portfolio managers, charts on key global macro trends, analysis on portfolio risks, asset allocation research, and innovative indicators, in a format that delivers a balance of brevity and depth so that you can efficiently assimilate the insights.

Also part of the service is the monthly market cycle guidebook, global cross asset market monitor, and quarterly strategy pack.

(or just follow us for now):

211 views0 comments

Recent Posts

See All


bottom of page