
US money supply / demand in broad balance
March 21, 2025 | NS Partners
The economy and markets no longer enjoy support from an excess stock of money.
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11A Regent Street St James's
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SW1Y 4LR
Tel +44 (0)203 535 8100 (General Enquiries)
Tel +44 (0)203 535 8110 (Client Service)
View on Google MapsSenior Vice President,
Head of Institutional Sales, Canada
Tel: +1 (416) 364-5396
Email: [email protected]
Download V-CardSenior Vice President,
Co-Head of Institutional Sales, USA,
Tel: +1 (917) 945-0960
Email: [email protected]
Download V-CardSenior Vice President,
Co-Head of Institutional Sales, USA
Tel: +1 (203) 615-4847
Email: [email protected]
Download V-CardDirector,
Institutional Sales, Europe
Tel: +44 (0) 203 535 8107
Email: [email protected]
Download V-CardChief Compliance Officer
& Head of Client Service
Tel: +44 (0)203 535 8110
Email: [email protected]
Download V-CardMarch 21, 2025 | NS Partners
The economy and markets no longer enjoy support from an excess stock of money.
March 20, 2025 | NS Partners
This month’s commentary covers Trump trades going in reverse, along with our research trip in Malaysia.
March 20, 2025 | NS Partners
A fall in private sector postings pushed single-month vacancies further below the pre-pandemic level.
March 14, 2025 | NS Partners
Japanese inflation isn’t back and money trends suggest a coming major undershoot.
March 13, 2025 | NS Partners
Recent outperformance of non-US equity markets may be a signal of the end of the bull market rather than a harbinger of broadening strength.
March 7, 2025 | NS Partners
Recent policy upheavals may eventually prove inflationary but near-term risks are judged to remain on the downside.
March 4, 2025 | NS Partners
The US policy shock calls into question the previous baseline scenario of modest and temporary deceleration.
February 28, 2025 | NS Partners
The US may suffer greater economic damage from tariff hikes than China / the EU.
February 27, 2025 | NS Partners
January money numbers suggest that US policy chaos is damaging economic prospects.
February 19, 2025 | NS Partners
Chinese money growth has normalised while the MSCI China index remains on a steep valuation discount despite recent outperformance.
February 13, 2025 | NS Partners
The Bank of England expects rises in regulated prices and taxes to push headline CPI inflation up to 3.5% by June but the forecast likely underestimates disinflationary pressure from monetary weakness.
February 12, 2025 | NS Partners
This month’s commentary explores the market implications of Chinese AI innovation and market implications of AI ubiquity.
February 5, 2025 | NS Partners
Manufacturing surveys may reach a short-term peak this spring, with the extent of any retracement partly depending on trade policy developments.
January 31, 2025 | NS Partners
MPC inertia had condemned the UK to economic underperformance well before the October Budget.
January 29, 2025 | NS Partners
US / Eurozone / Chinese money measures rose solidly in December but a further pick-up is required to warrant hopes of a 2026 global economic “boomlet”.
For additional information on NS Partners Ltd, please contact:
Senior Vice President,
Head of Institutional Sales, Canada
Senior Vice President,
Co-Head of Institutional Sales, USA,
Senior Vice President,
Co-Head of Institutional Sales, USA
Chief Compliance Officer
& Head of Client Service
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