28/03/2025 Trump’s tariff reciprocation A 25% US tariff on auto imports will take effect next week while the overall tariff rate has increased to approximately 10.5% so far. Read More
19/03/2025 Global bond yields: unravelling the drivers of recent volatility Global bond yields rose sharply from September 2024 to January 2025, driven mainly by higher term premia – the extra return investors require for holding longer-term bonds. Since then, roughly half of this increase has reversed as term premia have declined. Read More
28/02/2025 In defence of Europe In this “Fireside Chat”, Gavyn Davies, Founder and Executive Chairman and Dan Wales, Director, Economic Research, discuss the following: Germany’s… Read More
17/01/2025 Trump’s Tariffs – A Challenge to the Global Economic Order and to Orthodox Economics Gavyn Davies answers recent client questions, including global responses to Trump tariffs and potential economic impacts and broader implications of tariffs on policy and markets. Read More
15/01/2025 Trump’s tariffs – a challenge to the global economic order and to orthodox economics The Trump administration’s prospective tariff policies, though not without historical precedent, signify a pivotal inflection point in US trade and economic strategy, reflecting a combination of economic protectionism and evolving geopolitical ambitions. Read More
09/01/2025 Tariffs: Hawks and Doves in the White House President Trump’s economic team are united behind the need for higher tariff. Read More
13/09/2024 Harris “debate win” may not be enough The US presidential race is tight, with polls showing narrow margins. Read More
12/07/2024 Deeper Dive: The fiscal crisis in Brazil Brazil has experienced recent volatility in its markets, including a weaker currency. Read More
