angle-left null Global Macro Views
Macro & Market

Global Macro Views

White Paper Macro & Market Active Fixed Income
December 2017
Global Macro Views

Authors & Contributors

BNY Mellon Asset Management North America-Global Macro Forum

BNY Mellon Asset Management North America-Global Macro Forum

"Sur-prise, sur-prise, sur-prise" is what we learned from the incoming data for advanced economies over the past quarter. Unfortunately, only Jim Nabors, who died a few weeks ago, could deliver that message with the correct intonation. In his memory, we want to highlight three surprises across advanced economies. Data on output outstrips expectations, inflation continues to disappoint, and central bankers seem more worried about the former than the latter.

On January 31, 2018, The Boston Company and Standish merged into Mellon Capital to form a combined entity, BNY Mellon Asset Management North America Corporation. Effective January 2, 2019, this entity was renamed Mellon Investments Corporation.