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		Macro and market perspectives - Navigating neutral rates by the North Star Whitepaper Actions Download Information Information Share class: Description: We introduce a new estimate of the short-term neutral rate of interest (r-star) and explain its significance for monetary policy and asset valuations. Publication date: 19 Nov 2018 Product group: Material type: Whitepaper Target Audience: For Individuals Done	19 Nov 2018
		Macro and market perspectives - A tale of tighter conditions Whitepaper Actions Download Information Information Share class: Description: We introduce a new measure of financial conditions and explain what this means for the growth outlook. Publication date: 6 Dec 2018 Product group: Material type: Whitepaper Target Audience: For Individuals Done	6 Dec 2018
		Fixed income strategy: Bonds are back Whitepaper Actions Download Information Information Share class: Description: Bonds are making a comeback. They have become a viable source of income amid higher U.S. interest rates, a slowing but growing U.S. economy and a pause in the Federal Reserve’s tightening cycle. Publication date: 1 Mar 2019 Product group: Material type: Whitepaper Target Audience: For Individuals Done	1 Mar 2019
		Global investment outlook midyear 2018 (International) Whitepaper Actions Download Information Information Share class: Description: We refresh our 2018 investment themes against a backdrop of rising economic uncertainty. Publication date: 2 Jul 2018 Product group: Material type: Whitepaper Target Audience: For Individuals Done	2 Jul 2018
		Global investment outlook 2019 (International) Whitepaper Actions Download Information Information Share class: Description: We identify new market themes for 2019 and refresh our asset views. Publication date: 7 Dec 2018 Product group: Material type: Whitepaper Target Audience: For Individuals Done	7 Dec 2018
		Macro and market perspectives - The danger of elevated trade frictions Whitepaper Actions Download Information Information Share class: Description: We explain why we see elevated trade frictions as the biggest risk to the US-led expansion and spell out how prolonged tensions could damage confidence and risk assets. We also introduce a “nowcast” on global trade growth to track its momentum. Publication date: 11 Oct 2018 Product group: Material type: Whitepaper Target Audience: For Individuals Done	11 Oct 2018
		Macro and market perspectives - Beware of the Q Trap Whitepaper Actions Download Information Information Share class: Description: We explore the narrative behind quantitative tightening (QT) and explain why it is crucial to look at financial conditions more broadly – especially the importance of risk appetite and private sector balance sheets in creating credit. Publication date: 31 Aug 2018 Product group: Material type: Whitepaper Target Audience: For Individuals Done	31 Aug 2018

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