What you need to know about the slow Covid-19 recovery

Germany: Austerity champion turns into a big spender

Thanks to the government’s U-turn on fiscal policy, Germany should be one of the first and strongest countries to emerge from the crisis

France: Looking for a breath of fresh air

Now that French economic restrictions are easing, President Macron is looking for a second wind to take him to the next Presidential elections which are…

The Netherlands: Cherishing the restrained shock

We think the Dutch economy will shrink by -6% to -8% in 2020 despite a sizeable public support package. As lockdowns ease, economic activity is resuming…

Covid-19 calls for more resilient production chains, but that’s easier said…

Covid-19 has shown how vulnerable supply chains are to disruption. Their resilience can be enhanced by diversifying suppliers or holding more inventory,…

Rates Spark: Fed's balance sheet glides lower, again

Fed support for Wall Street continues to fall, as it is now less needed. Even the Fed's buying programme in corporates remains tame. Big falls in…

Reverse yankee supply outlook to reach up to €80bn

We have revised our reverse yankee supply outlook from our original forecast of €65bn to €80bn, but it is unlikely to exceed last year’s…