At this time last year we warned that political uncertainty had risen to remarkably high levels. Now the questions may have changed, but risks remain.
Bottom-up analysis shows that CPI in 2018 will be moderately higher, "¦ "¦driven by food, residence and probably also services.' Thus, we think the ch
Earlier this week we introduced the concept of FROGs , where the abbreviation stands for F rivolously R elated O utput G aps. This is a gap that is