Germany's fiscal turn, France's politics, Britain's stagflationary tilt and the ECB that hiked into a war, Europe across rates, fiscal and FX.
Positioning the bull, the base and the bear.
Short the sovereign, own the champions.
Gilt income, a global index, a supported pound.
Defence and infrastructure against the auto drag.
Sub-one-percent growth meets re-accelerating inflation.
A fiscally driven recovery the energy shock keeps undercutting.
Duration when the central bank is the last hawk standing.
Holding the line in a stagflationary tilt.
Government does the work; exports and households sit it out.
Who is buying the euro, and why.
A steady economy held hostage by its politics.
Headline down, core up, and an energy shock in the middle.
Consolidating under the gilt market's gaze.
Why it hiked into a war and a slowdown.
A monetary reaction function written in OATs.
Labour cracks, productivity stalls, and capital waits.
A deficit financed by the City's global role.
A benchmark caught between the shock and the supply.
A debt problem that only politics can solve.
The fiscal payoff against the structural drag.
A currency held up by rates and weighed by trade.
The accounts that are not the problem.
Buying growth, or plugging gaps?
Unchanged rating, changing credit story.
A grand coalition governing against a rising tide.
The supply-side test the money cannot pass alone.
When the export engine runs in reverse.
A structural cost problem the war made acute.
The security pivot and its costs.
De-risking as policy, dependence as reality.