Independent Strategy

Posts by Independent Strategy

Global

REPORT » 26th August, 2019 » La Rentree

Nothing in recent events has mellowed our views on the risks facing the global economy. The China/US trade conflict is…

Global

REPORT » 5th June, 2019 » Duller dollar

Expectations for easier US monetary policy are taking the wind from the dollar’s sails. These market changes reflect the worsening…

Spain

REPORT » 29th April, 2019 » Por una cabeza

Pedro Sanchez’ gamble to call a snap election paid off. His PSOE has become the biggest party in parliament, its share of the vote at least 10% points ahead of any other. Yet one is left with a lingering sense of fragmentation, especially on the right.

China

REPORT » 26th April, 2019 » , , Trade thunks

We think there will be several effects from a US-China trade deal. These span import substitution, from a probable increase in US sales to China, including technology imports which will actually make it easier for China to meet its “Made in China” goals.

Global

REPORT » 6th March, 2019 » Capital punishment?

Global activity is on the back foot. World trade has been weakening for months and the economic soft patch has turned into a more prolonged slowdown, certainly in Europe and Asia.

In the Media