Kerry Craig

Kerry Craig is a global market strategist at JP Morgan Asset Management.
Kerry Craig
Kerry Craig is a global market strategist at JP Morgan Asset Management.

Latest from Kerry Craig

Macroscope | The US economy still leads the pack, but not for long as spectre of trade war with China recedes

The US economy started the year with a bang but growth is likely to flatten out over the year. Meanwhile, Asia is looking up as a US-China trade deal appears imminent. 2018’s economic divergence is unlikely to continue.

3 May 2019 - 10:26PM

The US economy started the year with a bang but growth is likely to flatten out over the year. Meanwhile, Asia is looking up as a US-China trade deal appears imminent. 2018’s economic divergence is unlikely to continue.

The US economy still leads the pack, but not for long as spectre of trade war with China recedes
Macroscope | Economic data may point to a favourable bounce for investors midyear, but market risks remain

Economies around the world – including the US and China – will see growth stabilise, not pick up or drop significantly. Meanwhile, company earnings will have to bottom out or even rise to calm investor nerves.

5 Apr 2019 - 10:25PM

Economies around the world – including the US and China – will see growth stabilise, not pick up or drop significantly. Meanwhile, company earnings will have to bottom out or even rise to calm investor nerves.

Economic data may point to a favourable bounce for investors midyear, but market risks remain
Macroscope | Car sales, TV sets and the McDonald’s McRib – what consumer spending tells us about the health of the US economy

Consumption is all-important to the US economy: it tells us that the economy is likely to slow this year, but is strong enough to stay steady in 2019.

2 Mar 2019 - 1:55AM

Consumption is all-important to the US economy: it tells us that the economy is likely to slow this year, but is strong enough to stay steady in 2019.

Car sales, TV sets and the McDonald’s McRib – what consumer spending tells us about the health of the US economy
Macroscope | So, are US interest rates going up or down? All we know is that the Fed doesn’t really know

The US Federal Reserve’s latest shift, to take a pause during a tightening cycle is relatively rare. But Fed chair Jerome Powell seems to have abandoned a previous policy of giving clear signals to the market.

11 Feb 2019 - 11:04AM

The US Federal Reserve’s latest shift, to take a pause during a tightening cycle is relatively rare. But Fed chair Jerome Powell seems to have abandoned a previous policy of giving clear signals to the market.

So, are US interest rates going up or down? All we know is that the Fed doesn’t really know
Macroscope | Financial markets could be in for more pain, but sticking to a long-term position may be worth it

While there is uncertainty over US monetary tightening, the trade war, Chinese economic policy and global politics, the short-term volatility of the past few weeks may be fading.

11 Jan 2019 - 10:22PM

While there is uncertainty over US monetary tightening, the trade war, Chinese economic policy and global politics, the short-term volatility of the past few weeks may be fading.

Financial markets could be in for more pain, but sticking to a long-term position may be worth it
Macroscope | The Fed’s quest for a ‘neutral’ interest rate has put the markets on edge. It shouldn’t

With the markets jumping at every Fed statement, anxiety is growing over the Treasury yield curve flattening or, worse, inverting. A closer look shows the Fed is closely watching evolving economic data and its policy will remain accommodative.

7 Dec 2018 - 10:23PM

With the markets jumping at every Fed statement, anxiety is growing over the Treasury yield curve flattening or, worse, inverting. A closer look shows the Fed is closely watching evolving economic data and its policy will remain accommodative.

The Fed’s quest for a ‘neutral’ interest rate has put the markets on edge. It shouldn’t
Macroscope | The trade war did not trigger stock market volatility, anxiety over peaking corporate earnings did

The cause of the jitters in global equity markets is not easy to pinpoint, but fears of an easing in corporate earnings growth is a big factor.

9 Nov 2018 - 6:17AM

The cause of the jitters in global equity markets is not easy to pinpoint, but fears of an easing in corporate earnings growth is a big factor.

The trade war did not trigger stock market volatility, anxiety over peaking corporate earnings did
Why high-yield corporate bonds are still attractive and the smaller European market deserves attention

While bond markets are experiencing a complicated period, it’s not yet time to ditch corporate debt, including high-yield bonds, in favour of safer government securities.

29 Sep 2018 - 2:36PM

While bond markets are experiencing a complicated period, it’s not yet time to ditch corporate debt, including high-yield bonds, in favour of safer government securities.

Why high-yield corporate bonds are still attractive and the smaller European market deserves attention
Macroscope | Why oil and gold look like an expensive insurance policy right now despite market risks

While there are plenty of market risks to spook investors, a flight to the traditional safe investment havens might be premature.

17 Aug 2018 - 10:32PM

While there are plenty of market risks to spook investors, a flight to the traditional safe investment havens might be premature.

Why oil and gold look like an expensive insurance policy right now despite market risks
Macroscope | A global recession is on the way, but it’s likely to be mild

While a down cycle will inevitably follow America’s currently buoyant growth, a catastrophic downturn like the 2008 global financial crisis is unlikely. Debt levels are more manageable, and the imbalances in the economy less severe.

18 May 2018 - 10:26PM

While a down cycle will inevitably follow America’s currently buoyant growth, a catastrophic downturn like the 2008 global financial crisis is unlikely. Debt levels are more manageable, and the imbalances in the economy less severe.

A global recession is on the way, but it’s likely to be mild