Insights
QE: the theory and the evidence
Economists are often keen to stress that we are much better equipped to explain the past than predict the future. With a little under a decade’s evidence, the discipline is now in a strong position to evaluate whether non-standard monetary policies, such as quantitative easing (QE), achieved their intended objectives. Central banks have repeatedly assured us that these measures were effective, but we at Fathom have a healthy dose of cynicism when it comes to doctors evaluating their own prescriptions…...
Are markets mispricing sovereign credit risk in India and Russia?
What is the Bank of England credit conditions survey telling us?
Fathom’s UK ESI confirms that the damage is already done
US economic sentiment remained strong in March despite trade concerns
Japanese economic sentiment still outstripping GDP growth, but has it peaked?
US economic sentiment close to record high in March despite trade fears
Why is Fathom so pessimistic on UK growth?
Output data confirm weakening UK growth outlook
May – not a FIT-ting time to hike?
Fathom’s EA Economic Sentiment Indicators down, but not out
China’s rebalancing is still just a dream
FANG-ache? The macro dentist will see you now
Probability of house price correction in China rising fast
Is the German economy overheating?
Trade war? What trade war?
Ireland: the MINI economy
What goes up must come down
Is it the euro area’s time to shine?
Equity outlook: valuations through a macro lens
Political uncertainty weighing on euro area economic sentiment
A global trade war remains an outside risk, despite US tariffs
The dawning of a new error?
ECB: no longer as easy as before
Fathom’s UK ESI limps into the New Year
Super Sunday: the results are in
US economic outlook remains positive, despite mixed data
Europe’s ‘Super Sunday’
Tax cuts to drive US wages higher
Introducing Fathom’s latest quarterly forecast: what’s new?
Revisions to our key US economic forecasts
UK inflation set to moderate in 2018
Is the German economy overheating?
‘Hawkish’ MPC too sanguine about the prospect of a sharp slowdown in growth?