22 May 2017

Silver Bullet

The Silver Bullet | Is the Reflation Trade Over?

Download pdf The global reflation trend that started last year has hit a wall. Inflation expectations are falling back. Bond yields and stock prices have also stopped rising.   Is the reflation trade really over? The short answer is no.   The recent pullback is due to investors’ loss of conviction in growth momentum and policy direction. Are these worries…

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4 May 2017

Silver Bullet

The Silver Bullet | Europe’s Opportunity

Download PDF   As the fog of war dissolves after elections, the contours of a new political equilibrium are emerging across Europe. Against eurosceptic predictions, France is likely to reject populism choosing Emmanuel Macron and voting down Marine Le Pen, as did the Netherlands with Geert Wilders, Spain with Podemos and Austria with Hofer. In a few months, Germany will…

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17 March 2017

News

Bloomberg: Serra Sees Fed on Slow, Steady Rate Path

Davide Serra discusses expectations for the IIF G-20 meeting in Germany, the Federal Reserve raising interest rates, and the future of European Central Bank monetary policy. He speaks on "Bloomberg Surveillance." (Source: Bloomberg)    

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7 March 2017

Video

Bloomberg: Alberto Gallo: The Politics of Scotland Independence and Brexit

Marvin Goodfriend, professor at Carnegie Mellon University, and Alberto Gallo, portfolio manager at Algebris Investments, discuss what Brexit means for Scotland and Northern Ireland. They speak with Francine Lacqua and Tom Keene on "Bloomberg Surveillance." (Source: Bloomberg)  

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12 February 2017

Video

Bloomberg: Algebris’ Gallo Thinks European Markets Underestimate ECB

Alberto Gallo, head of macro strategies at Algebris Investments, examines the reflation trade in the United States and Europe and talks about when he expects to see a fade in the Trump trade. He speaks on "Bloomberg Surveillance." (Source: Bloomberg).

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12 February 2017

News

FT: Why the eurozone will defy sceptics in 2017

“Europe is just uninvestable" says a fund manager at a dinner in Mayfair, "with [Marine] Le Pen in France and Brexit, there is just too much political risk." The others in the room nod, in silence. The case for investing in the eurozone has never been harder to make than in 2017. The forthcoming calendar indeed looks like a political…

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