The Big Macro Themes

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The Big Macro Themes? What to Watch

 

This report serves both as a summary of what lies ahead, according to latest Global Liquidity data, and as a re-cap of our methodology. It highlights the three main liquidity transmission channels – financing risk, forex risk and exposure risk – and explains why the quantity, quality (i.e. mix) and positioning of liquidity are critical factors behind future returns. Looking ahead, the confluence of high private sector and high Central Bank liquidity suggests that most of the action will be in yield curves, with more neutral outlooks for currencies and stock markets. However, although stocks look well-supported, our analysis still points to a major rotation towards value.

 

 

 

See our latest published research, Global View - The Big Macro Themes? What to Watch - March 2021

 

For further information, or to change user options, please contact us at crossbordercapital@liquidity.com 

 

    
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