Global macro finds itself at a crossroads. The last job report left investors scratching their heads due to the mixed picture it painted but yesterday’s higher than expected inflation print likely confirmed that the Fed will cut interest rates by 25 basis points next week. It will be all about how the Fed wants to be perceived by markets.
What is important for investors is that the global easing cycle is well underway. The Fed has basically given other central banks the green light to cut as well. And its definitely needed given the industrial recession in Germany, China and to a lesser degree Japan.
The macro uncertainty therefore isn’t tied to just one country. Its structural and global in nature, despite being driven by idiosyncratic factors.  

Hear from macro analyst Boris Kovacevic on this week's market news and events to watch for.

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