US Macro 2026

US Summary: Stronger Capex – Weaker Housing/Consumers

US Monetary Policy: A “Warsh-shed” Moment

US Summary: Manufacturing and Employment Pick Up

US Summary: The Energy Shock Is Large

Will the Oil Shock Cause a US Consumer Recession?

Updating Oil Price Scenarios and DM Recession Risk

US Capex: Not all about AI

US Housing: Overbuilt with a Bleak Outlook

US Summary: Waiting for Impact

US Summary: Oil Shock Timing Bad for Consumers