EEA News and Press, The European Equity Fund Inc. From 08/02/21

Germany’s flash July 2021 inflation estimate came in hot yesterday, boosted mostly by comparisons to July 2020’s VAT-free situation. Despite Deutschland’s oversized contribution and influence, Eurostat reports today how for Europe as a whole there was a whole lot ...

We think inflation is likely to fall back, but we are more sensitive to upside risk than at the start of the year. Evidence of longer-term investment in more and more sectors continues to build. Flexibility and a tactical approach across the full range of credit markets has been a...

This summer has seen a drop in a popular economic indicator: the slope of the yield curve. We look at the potential reasons for that and reckon that concerns, though legitimate, may be overstated. Wait until September to get a clearer read on the curve. For further details s...

As the world starts to recover from the pandemic, a range of factors are converging to create a new inflationary era. Crucially, the policy regime is changing, driven by the need to respond to emerging social and environmental challenges and help manage record peacetime debt levels. T...

Our newly released findings from the second quarter of 2021 indicate that the volatility surrounding the recent reversal in market sentiment is creating additional opportunities for skilled managers. We expect this to remain the case in the months ahead as concerns over inflation and ...

Australia’s better-than-expected economic performance since the pandemic began has been grist to the mill for those who think tighter policy could be on the cards. Higher year-on-year inflation readings had been expected in 2021 because of the base effects created during 2020 w...

Record low real yields across the world betray an exceptional degree of macro angst. Or do they? Don’t look at rates in isolation. Other markets are fine. The tide of central bank purchases lifts all boats, and normal liquidity conditions will only return at the end of the ...

The biggest beneficiary of the Covid-19 Delta variant fear is bond yields, since the 10-year Treasury bond decisively “cracked” the 1.2% level last week and actually hit a low of 1.133% on Tuesday. This means that either inflation fears are ebbing or there is a flight to qua...

Prices charged for goods and services meanwhile rose at a near-unprecedented rate again as demand outstripped supply. The eurozone is enjoying a summer growth spurt as the loosening of virus-fighting restrictions propelled growth to the fastest for 21 years. Supply chain delays re...

The virus is once again raising the prospects of slowing the economic recovery that was unevenly unfolding. The ECB's new forward guidance signaled that bond purchases and low rates will prevail until the staff forecasts that the 2% target can be sustained. Discussions about the p...