Good morning! Below is Chartcuterie for 3/15/15, cross-posted from Twitter (curated list here).
Leadoff: US price indices and the USD. Imported stuff that doesn't last long, basically. (Bespoke)
GS estimate of inflation risk premium (based on regression of several variables) has flipped negative.
LSR has a nice symmetrical view of global imbalances via current accounts; oil savings glut set to decline a bit.
Meanwhile, in Germany, a very different type of savings glut: one driven by appallingly low investment. (Nordea)
BNP is calling it: EUR is cheap and the USD is expensive. I've played this game and it's not an easy one.
GS shows relationship btw their Europe sovereign/growth risk indicators and asset classes; US more exposed than UK!
Over at Citi they're not very impressed with Chinese growth of late.
MS shows the absolutely incredible growth in EM debt, especially China. Threading the needle indeed...
Closing on a mystery. Either the US is in a recession or Wholesalers are expecting a surge in demand. (Bespoke)
