Shipwrecked

Analyst:

PDF 143k

Since our last House View in June, the economic and market outlook has deteriorated dramatically. We are in the midst of a historic bursting of the bond bubble, and a once-in-a-generation equity revaluation, combined with a sustained flight into the USD. The latter has been driven by geopolitical consideration as well as the failure of the ECB and the BoE to act as decisively on inflation as the Fed. Our street-leading prediction of a US recession by end-2023 has become increasingly mainstream, and we also expect the Euro Area and German economy to contract by at least -2% and -3% respectively next year. [more]

The long road to recovery

June 30, 2020

Region:

Analyst:

This edition reviews recent market moves and outlines Deutsche Bank Research's key views going forward. Read on for our recap of the global macro outlook, key recent/upcoming political developments and major risks in 2020. Also, find our views on the Fed, the ECB, and all major asset classes. [more]

Covid-19: Health check on the global economy

May 13, 2020

Region:

Analyst:

Read on for our discussion of the economic outlook and the evolution of downside risks. We also outline our views on major central banks, key political developments, and major risks. In addition, we update our cross asset market views. [more]

2020 Outlook – Gaining Speed

January 16, 2020

Region:

Analyst:

Back on track

December 2, 2019

Region:

Analyst:

Henry Allen, Jim Reid, Quinn Brody

Shelter from the storm

October 22, 2019

Region:

Analyst:

Jim Reid, Quinn Brody

Cushioning downside risks

September 11, 2019

Region:

Analyst:

Jim Reid, Quinn Brody

Read on for our discussion of the economic outlook and our expectations for central bank responses. We also outline key recent/upcoming political developments (Brexit, trade war, etc.), major risks in 2019, and update our cross asset market views. [more]

Global monetary medicine on the way

July 23, 2019

Region:

Analyst:

Read on for our discussion of the recent shift in central bank policy and the implications for the global economy. We also outline key recent/upcoming political developments (new European leadership, Brexit, trade war, etc.), major risks in 2019, and update our cross asset market views. [more]

Surveying slower growth

June 21, 2019

Region:

Analyst:

Read on for our recap of the evolving macro outlook and the shifting trends in monetary policy. We also outline key recent/upcoming political developments (Brexit, trade war, etc.), major risks in 2019, and update our cross asset market views. [more]

Trade war heat is on

May 17, 2019

Region:

Analyst:

Read on for our recap of the global macro outlook, key recent/upcoming political developments (Brexit, trade war, EU politics, etc.) and major risks in 2019. Also, find our views on the Fed, the ECB, and all major asset classes. [more]

Balancing out

April 11, 2019

Region:

Analyst:

This edition reviews recent market moves and outlines Deutsche Bank Research's key views going forward. Read on for our recap of the global macro outlook, key recent/upcoming political developments (Brexit, trade war, EU politics etc.) and major risks in 2019. Also, find our views on the Fed, the ECB, and all major asset classes. [more]

Spring in sight?

March 12, 2019

Region:

Analyst:

This edition reviews recent market moves and outlines Deutsche Bank Research's key views moving forward. Read on for our recap of the global macro outlook, key recent/upcoming political developments (Brexit, trade war, EU politics etc.) and major risks in 2019. Also, find our views on the Fed, the ECB, and all major asset classes. [more]

At the crossroads

February 8, 2019

Region:

Analyst: