海外研报

BoJ: why this time is different

We calculate z-scores (using 1990-2019 as our sample) for four key measures ofunderlying inflation: (1) Shunto (wages), (2) core-core CPl adjusted for changes inconsumption taxes, and (3-4) price expectations series from surveys that haveproved to

Brazil: Consumers help lift 2024 growth estimate, but 2025 outlook has weakened

Recent industrial production and retail sales data point to strong consumptionfueled growth in 2Q24, with a carryover effect leading us to upgrade our 3Q24

US MARKET INTELLIGENCE:AFTERNOON BRIEFING

SPX +1.7%, NDX +2.5%,RTY +1.6%.WTl -200bps at $78.46, NatGas -114bps to $2.16, UKNatGas -82bps to 0.9594, Gold -26bps to$2,466, Silver -45bps to $27.85, 10Y @ 3.847%, andVIX @ 18.12.

Liquidity strategy: Maintain your lifestyle

The Liquidity. Longevity. Legacy. framework helpsinvestors plan and optimally invest their wealth so

All eyes turn to the jobs report

The August employment report will be in focus, which we see as the key remaining report ahead of the September FOMC. Also on deck are JOLTS

GS--Sponsor Activity Barometer Issue #28

We update our Sponsor Activity Barometer for the latest weekly datapoints (asof 6 September 2024). This week, our Barometer reading comes in again at +6%

GS--USA: New Home Sales Decline by Somewhat Less Than Expected

BOTTOM LINE: New home sales declined by somewhat less than expected in