Pantheon Publications
Below is a list of our Publications for the last 5 months. If you are looking for reports older than 6 months please email info@pantheonmacro.com, or contact your account rep.
Please use the filters on the right to search for a specific date or topic.
- In one line: Headline index steady in April; but a lot of pain lies ahead.
Headline index steady in April; but a lot of pain lies ahead.
- Tariff uncertainty supported payrolls in April, by temporarily boosting the logistics and retail sectors...
- ...But hiring intentions have weakened and a sharp decline in activity in the logistics sector is in train.
- We’re pushing back our forecast for Fed easing to July, from June, but we still expect 75bp this year.
- Colombia’s central bank resumes its cautious easing cycle amid fragile growth and persistent inflation risks.
- BanRep balances disinflation momentum with fiscal slippage and intensifying external noise.
- Uncoordinated policy signals undermine credibility as Colombia faces deteriorating fundamentals.
Households stunned by the tariff shock.
Trade and inventories data leave a negative Q1 GDP print looking far more likely.
BoJ's newly bearish tone on inflation risks supports our view that rate hikes are on hold this year
BoJ's newly bearish tone on inflation risks supports our view that rate hikes are on hold this year
- In one line: Surprise rate cut signals cautious support for the recovery.
- In one line: Surprise rate cut signals cautious support for the recovery.
LATAM SHIELDS ITSELF AMID TARIFF TURMOIL…
- …BUT VULNERABILITIES AND RISKS REMAIN ELEVATED
- In one line: House prices fall in April as the rush to beat stamp duty increases unwinds, they will rise in H2.
Growth in services spending has slowed only modestly, but a sharper decline lies ahead.
- In one line: Tariffs distort the numbers, but underlying growth was already slowing in Q1
Tariffs distort the numbers, but underlying growth was already slowing in Q1.
The downshift in labor cost inflation will resume, soon.
The downshift in labor cost inflation will resume, soon.
- Last week's jump in initial claims was entirely due to the timing of school holidays in New York state.
- Leading indicators, however, are continuing to deteriorate; layoffs in logistics are just a couple weeks off.
- The April ISM manufacturing survey points to a plunge in output and higher core goods prices.
- Agriculture props up Mexico’s GDP, but industrial recession reveals underlying economic fragility.
- US tariffs hit manufacturing hard, while weakening labour data signal sluggish services momentum.
- Monetary easing likely to continue, but tight fiscal space limits scope for meaningful stimulus ahead.
- Our bullish forecast for Taiwan’s GDP paid off for Q1, as growth jumped to 5.4% year-over-year.
- Exports surged 20%, driven by extreme front- loading ahead of tariffs set on “Liberation Day”.
- We expect this momentum to slow, as the front-loading inevitably fades in the months ahead.
