Inflation will not moderate, it is a runaway train
Central banks' attempts to kill inflation is a paradigm shift, which could end in a deep recession.
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Quarterly Outlook
Q4 Outlook: China opens the credit taps
Christopher Dembik
Head of Macro Analysis
Summary: Since last May, when the trade war with the US intensified, China has shifted towards looser monetary policy and stimulus efforts. So far the biggest impact of easing is that it has contributed to boosting the credit impulse – a key driver of economic growth – back into positive territory.
Saxo Bank's Quarterly Outlook for Q4 is here, with expert insights and trading themes from our team of strategists. Get your copy here.
Quarterly Outlook Q3 2022: The Runaway Train
Tangible assets and profitable growth are the winners
With US equities officially in a bear market, the big question is where and when is the bottom in the current drawdown?Understanding the lack of investment appetite among oil majors
The everything rally seen in recent quarters has become more uneven, as its strength is driven by commodities in short supply.The pressure is on as the wind leaves the sails
With cryptocurrencies in sharp decline, are we entering a crypto winter or is the bear market a healthy clean-up of the crypto space?Why the Fed can never catch up and what turns the US dollar lower?
Many other central banks are set to eventually outpace the Fed in hiking rates, taking their real interest rates to levels higher than the Fed will achieve.Bank of Japan: Swimming against the tide
The Japanese economy has gone from the age of deflation to rapidly rising prices in no time, leaving the Bank of Japan in a pickle.Green transformation detour and bear market hibernation
With the impending risk of global econonomic derailment, we share the five things investors need to consider in this new half year.Crisis redux for the eurozone?
Whether there's going to be a recession in Europe or not, the path towards a stable economy will be agonizing.Technical Outlook: Gold, Oil and a remarkable multi-decade perspective on Equities
The Nasdaq bubble pattern, USDJPY resistance, crude oil uptrend losing steam and the technical outlook for USD.China: the train of new development paradigm left the station two years ago
China is transiting to a new development paradigm, as they are hit by deteriorating terms of trade, a slower global economy and an uncertain future while continuing attempts to contain the pandemic.
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