Midterms, rates, the dollar and the yen: H2O AM’s macro view, days before the vote.
A few days before the US midterm elections, Babak Abrar, Chief Sales & Marketing Officer at H2O AM Group, sits down with Vincent Chailley, Chief Investment Officer at H2O AM Group & Monaco S.A.M. Purchasing power and the scenarios for Congress, a global rush for capital weighing on long-term rates, a flattening dollar smile, emerging markets that no longer need our money, and a yen with almost all its planets aligned: a full tour of the house’s macro convictions. The episode ends in Europe, on debt, France and European banks.
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