Blogs

Tian’s guest blog highlights a resurgence in U.S. manufacturing, marked by a 7-month high in the S&P Global Manufacturing PMI. This signals a potential boost for the transportation sector. Strengthening regional Fed surveys, tighter supplier delivery times, and rising new orders further support the case for a sustained recovery, with transportation equities poised to benefit from this macro tailwind.

The latest Turnleaf forecast of US inflation reveals an interesting message—rising COMEX gold and platinum inventories in January are correlating with higher predicted inflation for the next 12 months. We believe that traditional supply-demand dynamics alone do not fully explain such behaviour. Instead, investor sentiment, industrial demand, and monetary policy are playing a crucial role in shaping inflationary pressures.

Post-COVID and rising inflation have reshaped Eurozone winter sales, with smaller January discounts and shifting seasonal trends. In our latest guest blog, Anna analyzes these changes and their impact on inflation forecasting and economic models.

Japan continues to gear up for the incoming Trump administration, which is characterized by a loyal cabinet, influential figures like Elon Musk, a Republican majority in Congress, and significant sway over the federal courts and Supreme Court.

Embracing Change in Bond Markets