August 16, 2024

LOCKED Japan Update: April-June Real GDP Up 3.1% as Consumption Rebounds

April-June Real GDP Up 3.1% as Consumption Rebounds
Investment in Overseas Equities by Households Running 70% Above 2023
BoJ’s “Pickled” ETF Holdings May be Around for a Long Time
Potential Candidates Jockey for Support as LDP Election Nears

August 16, 2024

Thoughts From The Divide: Not Too Hot, Not Too Cold

“From my perspective, the risk to both sides of the mandate seem more balanced,” Now that the “giant global margin call” appears to have run

August 16, 2024

LOCKED MI2 Chart Point: A Few Quick Thoughts

As we head into the weekend, we just thought we’d share a few quick thoughts regarding the recent data. Firstly, while the market got all excited by retail sales, we believe the outsized jump in the MoM is primarily a function of analysts underestimating last month’s Amazon Prime Day.

August 16, 2024