[Podcast] The Macrocast: April 2021
Episode 2 features discussions about inflation and secular stagnation (1:01), the latest on coronavirus developments (9:44), and lastly the causes and implications of hot housing markets in North America and the UK (17:16). Note: There is mild audio distortion in parts of the final discussion.
About the Macrocast: Hosted by Julia Faurschou, each month we’ll discuss some of the key themes driving the macro economic agenda. Featuring interviews with top Oxford Economists, we’ll dig into our research pipeline to tell you what’s on our minds and what we’ll be writing about in the coming weeks. By tuning in each month, listeners will get an early picture of what to watch out for and the thinking behind our research.
This Podcast is available to listen to now (on-demand, listen at your convenience) until 30th April 2021.
Will Asia construction survive rising construction costs?
The construction sector has seen a surge in activity following the gradual fading in Covid restrictions across different countries. However, the Russia-Ukraine conflict and continued lockdowns in China have further exacerbated supply chain constraints and increasing construction costs. In this webinar we will discuss the outlook for construction activity in Asia including the risks and implications of increasing construction costs.Find Out More
Frontier market turmoil: Argentina’s value, Sri Lanka’s crisis, Egyptian FX worries
Frontier markets will continue to be volatile in the near term, but bond valuations are attractive with plenty of arbitrage opportunities. We see value in Argentine bonds, as the country should benefit from higher commodity prices and liquidity risks are contained; we focus on the light at the end of Sri Lanka’s tunnel, with markets failing to price in the possibility of a successful IMF program; and also our concerns that further depreciation may be consistent with Egyptian stabilisation efforts.Find Out More