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Our view on
Economics & Markets

Macroeconomics and movements in financial markets impact many aspects of our lives. Having a well-informed view of what could transpire can help mitigate the risks we face and uncover profitable opportunities.

Our most recent publications

November 18, 2024

Weekly Macro & Markets View, Week 47

  • US headline inflation ticks up to 2.6% YoY while core inflation remains at 3.3% YoY
    The numbers were in line with expectations but show that inflation is still not fully vanquished.
  • China’s October economic indicators reveal an encouraging pickup in activity in various segments
    While this is encouraging, policy support needs to accelerate next year, particularly for consumption, as exports will be a drag amid higher US tariffs.
  • The credit rally sputtered last week, but strong demand was seen in the primary market and fund flows
    Corporate bond spreads in US Investment Grade are the tightest since 1998. Despite a positive risk environment, spreads are likely to reach a floor with further credit upside rather limited.
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November 01, 2024

Monthly Investment Insights

Key developments

  • The US presidential election remains a major focus with an outcome too close to predict
  • US consumer resilience persists, with strong retail sales and service activity, while the labour market is slowing only modestly
  • China’s authorities announce more stimulus, but the scale has fallen short of market expectations so far
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October 29, 2024

Topical Thoughts - The Draghi Report: Move Fast or Break Things

This “Topical Thoughts” paper discusses Mario Draghi’s Report on European Competitiveness. We provide a summary of the situation and the report’s blueprint for the future. Overall, both of these are compelling. We discuss areas in the report where we strongly agree, and those where our emphasis differs. The low growth status-quo is unacceptable.

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Weekly Macro & Markets View

Designed to give clear interpretation of the previous week’s macroeconomic and financial market developments. This publication represents how Zurich sees the financial landscape evolving on a week-by-week basis.

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Monthly Investment Insights

Structured to give a succinct view of the investment outlook and economic prospects for the coming months. Focus is on key developments from an investment perspective, with a tactical view presented on the major asset classes of equities, credit and government bonds.

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Inflation Focus

A quarterly publication, conveying the most likely outlook for inflation over the subsequent 12-24 months. Global and regional views are provided, detailing the driving forces behind the outlook. Point forecasts are offered for the major coverage areas, with short-term moves and pressures also identified.

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Topical Thoughts

Investigative research on specific issues that affect the business environment, with expert thoughts and opinions provided on an ad hoc basis.

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Economic and Market Outlook

With a 12 months focus, this publication is designed as a reference document for multiple user groups. It is segmented by region and provides in-depth coverage of both economic and financial market fundamentals, as well as the underlying trends that are observed.

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Mid-Year Outlook

An update on the Economic & Market Outlook is provided, gauging developments and projecting how the months ahead are likely to unfold.

Videos and Podcasts

To compliment some publications, a series of short videos and, in the case of Topical Thoughts and the Economic and Market Outlook, more detailed podcasts are available.

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