Institution

TS Lombard Research Hub

Finvaulta tracks 111 research reports on TS Lombard, updated through August 14, 2026. Latest: “The BoE's Asymmetric Mandate Shows Up in Asset Markets”.

TS Lombard’s recent research highlights the profound impact of the 'Iran shock' and the closure of the Strait of Hormuz on global markets, particularly regarding European equity performance and energy volatility. Despite these macro headwinds, a significant thematic rotation into AI infrastructure and semiconductors has created a 'European Nasdaq' effect, with AI-related baskets accounting for over two-thirds of the Stoxx 600’s gains since April. Within the energy sector, China’s strategic electrification and reserve accumulation have temporarily capped oil prices below $200, though a return to inventory rebuilding remains a looming upside risk. In emerging markets, India faces intensifying inflationary pressures as fuel pump prices rose 8-9%, likely pushing CPI above the RBI’s 4% target while the rupee hits decade lows. Conversely, the firm argues that hawkish Bank of England expectations are overpriced, citing UK headline inflation cooling to 2.8% and slowing services inflation. Finally, a structural analysis of the falling wage share suggests a bullish outlook for the bond market as equilibrium interest rates and labor dynamics diverge.

Featured reports

The BoE's Asymmetric Mandate Shows Up in Asset Markets

TS Lombard·Aug 14, 2026

The Bank of England's legal hierarchy prioritises price stability over employment, prompting MPC hawks to keep policy overly restrictive despite slowing wage growth and soft domestic activity. TS Lombard argues that Bank Rate should be around 100bps lower and that expected policy easing remains underpriced in asset markets.

Cpi Noise And Fed Inertia

TS Lombard·Aug 12, 2026

The report argues that structural changes in labour markets and ULC-to-CPI passthrough warrant a more hawkish Fed stance than currently priced in. Despite near-term 'noise' in inflation data, the terminal rate may reach 100bps above current levels.

Softer US Data Keep The AI Boom Alive

TS Lombard·Aug 10, 2026

The AI boom remains supported by heavy hyperscaler capital expenditure and tempered Fed policy urgency. While largely circular in nature, the trend is expected to persist for another 12-18 months.

Brazil 2026 Election Renan Santos The Brazilian Milei

TS Lombard·Aug 7, 2026

Renan Santos, founder of the Missão Party, is an emerging, anti-establishment Brazilian presidential candidate known for his 'Milei-esque' fiscal and security platform. While unlikely to win in 2026, his strong support among youth voters makes him a significant political actor for future cycles.

Markets Cannot Agree To Disagree Once Warsh Stops Subsidizing Term Yields

TS Lombard·Aug 5, 2026

The report argues that Fed Chair Warsh is currently subsidizing term yields, propping up equity markets. Once this subsidy ends, market participants will quickly agree on overvaluation, leading to a significant market correction.

Boj Revving Up

TS Lombard·Jul 31, 2026

The Bank of Japan adopted a hawkish tone at its latest meeting, increasing the likelihood of a September rate hike. Governor Ueda signaled an urgent need to address inflation risks, moving away from previous cautious communication patterns.

When Will This Cycle End

TS Lombard·Jul 30, 2026

The current economic cycle is showing signs of a potential end-of-cycle peak by late 2027 due to persistent inflation and emerging capacity constraints. Investors are advised to diversify away from concentrated AI/tech positions as the Federal Reserve likely faces pressure to tighten policy.

Beijing Doing Enough

TS Lombard·Jul 30, 2026

The July Politburo meeting signaled a pivot toward fiscal and monetary easing to address economic weakness. Analysts maintain a 4.8% GDP growth forecast for 2026, anticipating a shift to positive fiscal support in the second half of the year.

Is "The House" on Fire?

TS Lombard·Sep 14, 2026

Fight the Treasury?

TS Lombard·Aug 27, 2026

Inflation Doesn't Matter Term Yields Do

TS Lombard·Aug 12, 2026

All reports

Page 1 of 5

About TS Lombard

Visit Website

Use in AI assistants

Search this research archive inside ChatGPT, Claude, or Perplexity.

ChatGPT Claude Perplexity

Macro Economic Indicators Rates Govt Bonds Energy Information Technology USDMXN DXY

Get full access

Create an account to follow this research