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Datanotes
Short, punchy analysis of major economic data, emailed within a few minutes of their release
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Claus Vistesen
Claus Vistesen has several years' experience in the independent macro research space, as a freelancer, consultant and, latterly, as Head of Research of Variant Perception, Inc. He holds Master's degrees in economics and finance from the Copenhagen Business School and the University of Hull.
Pantheon Macroeconomics U.S. Economy Discussion with Ian Shepherdson
CFA Sweden hosting Pantheon Macroeconomics
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Andres Abadia
Andres Abadia authors our Latin American service. Andres is a native of Colombia and has many years' experience covering the global economy, with a particular focus on Latin America. In 2017, he won the Thomson Reuters Starmine Top Forecaster Award for Latam FX.Andres's research covers Brazil, Mexico, Argentina, Chile, Colombia, Peru and Venezuela, focusing on economic, political and financial developments. The countries of Latin America differ substantially in terms of structure, business cycle and politics, and Andres' researchhighlights the impact of these differences on currencies, interest rates and equity markets. He believes that most LatAm economies are heavily influenced by cyclical forces in the U.S. and China, as well as domestic policy shocks and local politics. He keeps a close eye on both external and domestic developments to forecast their effects on LatAm economies, monetary policy, and financial markets.Before starting to work at Pantheon Macroeconomics in 2013, Dr. Abadia was the Head of Research for Arcalia/Bancaja (now Bankia) in Madrid, and formerly Chief Economist for the same institution. Previously, he worked at Ahorro Coporacion Financiera, as an Economist.Andres earned a PhD in Applied Economics, and a Masters Degree in Economics and International Business Administration from Universidad Autónoma de Madrid, and a BSc in Economics from the Universidad Externado de Colombia.
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Duncan Wrigley
Duncan produces the China+ Service for Pantheon, covering China, Japan and Korea. He was previously Chief Strategist at Everbright Securities International.
Robert Wood
Rob Wood topped the Sunday Times annual ranking of forecasters for the UK economy in 2020, and has earned plaudits for his forecasting
UK Housing Watch
40 illuminating charts, covering all aspects of the market, followed by a detailed forecast page.
Kelvin Lam
Kelvin Lam has spent a decade and a half working in financial institutions in London and Hong Kong, focusing on macroeconomic research.
Melanie Debono
Melanie joined Pantheon in 2021 with nearly a decade's experience in independent economic research. She focuses on the Eurozone, with particular emphasis on Italy and Spain, and also covers Switzerland and SNB policy.
Pantheon ranked top forecaster of the U.K. economy in 2018
We are pleased to announce that our Chief U.K. Economist, Samuel Tombs, was ranked the most accurate forecaster of the U.K. economy in 2018 by The Sunday Times.
Samuel Tombs
Samuel Tombs has won multiple awards for his UK forecasts. He had the highest average forecast score in Bloomberg's 2021 panel
Weekly Economic Monitor
Weekly economic research from the U.S., Eurozone, Latin America, U.K. and Asia
About Us
Pantheon Macroeconomics aims to be the premier provider of unbiased, independent macroeconomic research to financial market professionals around the world
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Our Independent Economic Research is presented in a number of different formats
Oliver Allen
Oliver joined Pantheon in January 2024 to focus on the U.S. economy. Oliver brings several years' experience in independent macro research
Jonathan Loynes
Jonathan Loynes is an experienced macro-economist who spent 18 years at economic consultancy Capital Economics, latterly as Chief Economist.
China+ Webinar March 2026: China Priorities and Plans for the Year of the Horse
-- Takeaways from the two sessions
EZ Webinar October 2025:Eurozone Growth to Stay Tepid in H2-25, but Sticky Inflation to Keep the ECB on Hold
Eurozone Webinar October 2025
China+ Webinar December 2025: China's Path Ahead in 2026 and Beyond
-- Will it Revamp it's Growth Model?
U.S. Webinar October 2025: How to Take the Economy's Pulse Without Official Data
Only Labour Market Indicators are Worth your Attention
U.S. Webinar February 2026: Has the Labor Market Already Turned a Corner?
Most Indicators Suggest it Hasn't
EZ Webinar January 2026: Dovish Inflation Data Set Up a Nervy Q1 for the ECB
Eurozone Webinar January 2026
EZ Webinar February 2026: What Would it Take for the ECB to Cut in H1?
Eurozone Webinar February 2026
Inquirer.Net: US Consumer Inflation Holds Steady, but Tariff Risks Persist
August 5, 2025, 7:18AM EDT
UK Webinar October 2025: Can the Budget Bring Back Rate Cuts?
...One More Cut in February, but Inflation is Still Sticky
US Webinar September 2025: Is the Consumer Slowdown Already Over?
Real Income Outlook Implies Recent Pick-Up is a False Dawn
Reuters: Brazil's economic activity expands 2.5% in 2025 as agriculture cushions slowdown, central bank says
Job openings hit more the five-year low
UK Webinar March 2026: How Long Will the MPC Have to Wait to Cut?
...The Rest of the Year if the Energy Futures are Sustained
Fortune: Stocks Leap on Palantir Earnings, but Goldman Warns the U.S. 'is Near Stall Speed'
August 5, 2025, 7:18AM EDT
EZ Webinar 9th December 2025: Will the ECB and SNB Hold the Line as the FED and BOE Cut?
Eurozone Webinar December 2025
Ausbiz - China's Demand-side Problem
Duncan Wrigley, Chief China+ economist of Pantheon Macroeconomics, views the upcoming plenum as a key moment for China's economy.
CNBC - Property Sector Still Providing a Massive Drag but There are Profits of Strength
Duncan Wrigley, chief China+ economist at Pantheon Macroeconomics, discusses the latest economic data from China.
Our Chairman & Editor-in-Chief Ian Shepherdson, Joins Bloomberg Surveillance to discuss November Payrolls
'We continue to look for a fairly muted 250k rebound in November payrolls, consistent with a 125k trend'
Fortune: Elon Musk Says He Warned Trump Against Tariffs
U.S. manufacturers blame this for a turn to more offshoring and diminishing American factory jobs
Financial Times: Unhedged: Why the FED's Balance Sheet May Grow Again
*Requires Financial Times full subscription
Financial Times: Unhedged: Is the US Consumer Going Soft?
*Requires Financial Times full subscription
EZ Datanote: Construction, Eurozone, September 2025
In one line: Construction had a neutral impact on EZ GDP in Q3.
PM Datanote: US Industrial Production, October/November 2025
Manufacturing is surviving rather than thriving.
EZ Datanote: Construction, Eurozone, October 2025
In one line: EZ construction likely escaped recession in Q4.
EZ Datanote: Industrial Production & Trade, Germany, November 2025
In one line: Strong manufacturing, but plunging exports.
PM Datanote: GDP, Third Quarter, Brazil, 2025
In one line: Growth almost stalls as industry steadies and agriculture rebounds.
Global Datanote: GDP, Third Quarter, Brazil, 2025
In one line: Growth almost stalls as industry steadies and agriculture rebounds.
EZ Datanote: Industrial Production, France, December 2025
In one line: Stung by a plunge in aerospace output.
EZ Datanote: Industrial Production, France, January 2026
In one line: Stabilising, with mixed leading indicators.
Global Datanote: Advance Inflation, Eurozone, March 2026
In one line: The stagflation shock is underway.
EM Asia Datanote: Trade, Taiwan, October 2025
In one line: Export growth continues to shock to the upside.
Global Datanote: CPI, Chile, October, 2025
In one line: Inflation eases, pointing to softer Q4 average.
EZ Datanote: Industrial Production, Eurozone, September 2025
In one line: Disappointing rebound; we don't trust it.
PM Datanote: Advance GDP, Mexico, Q3, 2025
In one line: A poor Q3, but early Q4 indicators hint at tentative stabilisation.
Global Datanote: Advance GDP, Mexico, Q3, 2025
In one line: A poor Q3, but early Q4 indicators hint at tentative stabilisation.
EZ Datanote: INSEE Business Confidence, France, December 2025
In one line: Strong but can we trust it?
PANTHEON EM ASIA DATA WRAP 10 December 2025
A clear, but fragile, recovery in Indonesian sales growth
Global Datanote: Manufacturing PMI, ASEAN, October 2025
In one line: The post-"Liberation Day" recovery in sentiment continues.
EM Asia Datanote: Trade, India, November 2025
In one line: Historic leap in gold imports in October unwinds dramatically.
EM Asia Datanote: Trade, India, December 2025
In one line: Their latest slip aside, exports to the US are seeing some consolidation.
EZ Datanote: ECB Rate Decision, March 2026
In one line: From a "good place" to a stagflationary shock.
Global Datanote: ECB Rate Decision, March 2026
In one line: From a "good place" to a stagflationary shock.
PM Datanote: US Michigan Sentiment Survey, November 2025
Reliability questionable, but grim reading nonetheless.
PM Datanote: US Michigan Sentiment Survey, January 2026
Overstating the gloom, but a downbeat message nonetheless.
