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.
Boost from lower rates likely has only a bit further to run.
- In one line: Payrolls flattered by the seasonals; rising unemployment keeps a December easing in play.
Payrolls flattered by the seasonals; rising unemployment keeps a December easing in play.
In one line: Stable in November; spending should pick up regardless.
- In one line: Enough for a December cut, but also enough to keep the MPC cautious about the pace of subsequent cuts.
- In one line: Manufacturing output to remain weak in Q4.
- In one line: Tax-hike speculation to continue dragging on house prices in Q4.
- In one line: Poor; residual Diwali noise is only partly to blame.
In one line: Construction had a neutral impact on EZ GDP in Q3.
December hangs in the balance, but substantial easing probably still lies ahead.
In one line: Inflation to stay above 2% in Q4.
- In one line: Easing should resume in December, with a final 25bp move.
- In one line: Easing should resume in December, with a final 25bp move.
The AI tide is finally lifting Malaysian exports
Dip in mortgage rates providing only a small tailwind.
- In one line: Momentum fades as mining weakens, while domestic demand holds firm.
- The BLS’ new data calendar means today’s employment report is make-or-break for a December easing.
- The GDPNow model is running a bit too hot; GDP growth in Q3 of about 31/2% seems more likely.
- October’s jump in WARN filings is due to new laws in Washington state; the trend is rising moderately.
- Brazil — Politics entering a noisy phase
- Mexico — Security tensions and USMCA risks
- Colombia — Risks rising ahead of 2026 election
- BI stood pat yesterday, as widely expected; we see one final cut in December and RRR easing in 2026.
- Singaporean export growth leapt unexpectedly in October, but leading indicators remain very soft.
- Malaysian exports are finally benefiting from the AI boom, as they surged by 15.7% in October.
- China’s residential property market is weakening again, in the absence of robust new policy support.
- Broad inventory needs another 18 months to bottom out, but even that depends on sentiment stabilising.
- A modest rise in land sales this year, albeit from a very low base, is a flickering ray of light.
