Here a couple of reports from CS that i missed from the release yesterday.
Firstly the superb Chart pack “Macro Pulse” report from the CS team. Its from mid last week but don’t let that stop you from digesting the report.
There are so many charts to pull out here but one i saved was this one:
And here the CS team on inflation
And here the latest JP Asia Equity report with a buy rec on Fortune Reit as one mention. Dividend yield of 6.6% and growing revenues in the pipeline. Its a defensive co in a monetary tight FX now. The SGD remains under some pressure though and Citi amongst others with bearish forecasts vs the $.
Note in this Asian equity review the medium term comments. JP are very bullishly non consensus on Asian equities so therefore its interesting to hear the case they make. Can be found on page 30 for those interested.
Given the volatility increase I’m pretty focused on the near term view. The Eurusd has reversed this am and the moves vs the GBP are starting to retrace. Equity markets are nervous.
All the best
Rich