Videos 06/02/2026 The transition to Warsh Several obstacles could complicate and delay the confirmation of Kevin Warsh as the new Fed Chair. Read More
Videos 30/01/2026 Dollar wobbles The abrupt sell-off in the dollar at the end of last week was prompted by talk of intervention. Read More
Videos 23/01/2026 Global shocks proliferate The global economy is currently robust but faces several sources of potential turbulence. Read More
Videos 16/01/2026 The US economy: fact vs fiction The US data fog is lifting, revealing a clearer picture of underlying economic trends at the start of the year. Read More
Videos 09/01/2026 Trump’s New National Security Strategy The new national security strategy emphasizes American supremacy in the Western hemisphere. Read More
Videos 14/11/2025 Deeper Dive – AI: May the force be with us Stock market valuations appear overstretched on traditional metrics such as the Shiller CAPE ratio. Read More
Videos 13/06/2025 Deeper Dive: Fiscal policy and term premia Short rate expectations are fundamentally unobserved, complicating term premium estimation. Read More
Videos 18/02/2025 Deeper Dive: Trump’s plan for a sovereign wealth fund President Trump has proposed the creation of a large US sovereign wealth fund (SWF), partly funded by tariff revenue. Read More
Videos 02/01/2025 Deeper Dive- Trump’s tariffs: revenue, restriction and reciprocation The potential economic impacts of tariffs include lower growth and higher inflation. Read More
Videos 11/10/2024 Gradual Powell – but Trump lies in wait The market is now pricing in higher rates than before for the middle of 2025, reflecting a more robust labour market. Read More
Videos 19/07/2024 Deeper Dive: China at the third plenum The Third Plenum sets out the policy direction for China for the next five years. Read More
Videos 12/07/2024 Deeper Dive: The fiscal crisis in Brazil Brazil has experienced recent volatility in its markets, including a weaker currency. Read More
Videos 21/06/2024 Deeper Dive: Strains in the Fifth Republic The upcoming elections in France have the potential to significantly impact markets and test EU structures. Read More
Videos 18/04/2024 Deeper Dive: R star and the bond market The concept of R-star, the equilibrium interest rate, and its importance in the bond market. Read More
Gavyn Davies 16/01/2024 US corporate sector remains in a strong financial condition Andy Bevan, Fulcrum’s Economic Advisor and fixed income specialist, has prepared this note on the financial condition of the US corporate sector. Read More
