Peter ElstonJun 17, 20223 minMacroThe Ultimate Bearish Scenario?The combination of central bank weakness and fiscal policy error is a toxic one
Peter ElstonJun 2, 20222 minMacroMea Culpa? Hardly...It is important that governments are honest about what is causing inflation
Peter ElstonJun 1, 20224 minMacroWinter of '69Winter of '69 I see little sign of such honesty and humility today which is concerning to say the least.
Peter ElstonMay 29, 20224 minMarketsGrin And Bear ItSigns point to the start of a bond bear market Since their peak on 4 August 2020, long duration Treasuries are down 40% in real terms....
Peter ElstonJan 1, 20224 minMarketsClear and Present DangerAt the time of writing, global equities are up around 17% in US dollars year to date. Sterling weakness has added a further 3 percentage...