Rob Subbaraman

Central Banks | 3 min read | April 2024 }}

What's on the horizon for the global economy?

Our weekly updated overview highlights the key releases ... [Read more]

Economics | 7 min read | October 2023 }}

China Investor Forum 2023 – The Global Economic Outlook

We are cautious on the economic outlook and ... [Read more]

Economics | 2 min read | August 2023 }}

Damocles: Our Early Warning Indicator of EM Exchange Rate Crises

Economics | 3 min read | February 2023 }}

Asia Economic Monthly

We raise our 2023 GDP growth projections slightly ... [Read more]

Economics | 15 min video | February 2023 }}

MacroBrew – Nomura Macro Outlook 2023: Tough Choices

Economics | 3 min read | February 2023 }}

Assessing countries at risk of hard versus soft economic landings

Economics | 8 min read | January 2023 }}

Asia Macro Outlook 2023: Time to Shine

Central Banks | 33 min video | December 2022 }}

MacroBrew – 2023 Outlook: Tough Choices and Rolling with the Punches

Economics | 80 min video | December 2022 }}

MacroBrew - Nomura Asia Macro Outlook 2023: Rolling with the punches

Annual Outlook | 3 min read | December 2022 }}

Asia Macro Outlook 2023: Rolling with the Punches

Economics | 2 min read | November 2022 }}

Damocles: Our Early Warning Indicator of EM Exchange Rate Crises

Our early warning model of EM exchange rate ... [Read more]

Economics | 4 min read | October 2022 }}

Having learned from the 1997 crisis, Asia’s currency defense is likely to be prudent and eclectic

Economics | 4 min read | September 2022 }}

Asia Recovery Interrupted As Recessions Loom In Europe, US

Economics | 3 min read | July 2022 }}

We See More Major Economies Tipping Into Recession

In addition to the US, we now expect ... [Read more]

Economics | 26 min video | May 2022 }}

MacroBrew - Asia Insights: Taking the Temperature of Asia's Underlying Inflation

Central Banks | 60 min podcast | April 2022 }}

MacroBrew - The Fed’s changing reaction function

Economics | 4 min read | December 2021 }}

Global Economic Outlook 2022 - The heat is on... for now

High inflation has central banks feeling the heat ... [Read more]

Central Banks | 30 min podcast | December 2021 }}

MacroBrew – Global Economic Outlook 2022: The heat is on... for now

Our strategists share their top FX and rates ... [Read more]

Economics | 60 min video | December 2021 }}

MacroBrew - Asia Outlook 2022: As the Tide Turns

Economics | 2 min read | December 2021 }}

Asia Outlook 2022: As the Tide Turns

We are cautious on Asia’s economic outlook in ... [Read more]

Economics | 60 min video | December 2021 }}

MacroBrew - A Conversation with Professor Shane Crotty, Ph.D.

Economics | 3 min read | November 2021 }}

Damocles: Our Early Warning Indicator of EM Exchange Rate Crises

Four countries – Egypt, Romania, Turkey and Sri ... [Read more]

Central Banks | 28 min video | November 2021 }}

MacroBrew - The Covid 19 Endgame

Economics | 5 min read | November 2021 }}

The Covid-19 Endgame: Learning to Live With it

The endgame of Covid-19 leaves economists in a ... [Read more]

Economics | 2 min read | September 2021 }}

The “Troubled Ten” in EM

We warn of ten economies that appear most ... [Read more]

Economics | 2 min read | June 2021 }}

Introducing Cassandra: Our Early Warning Model for Financial Crises

Cassandra is currently highlighting six economies – including ... [Read more]

Central Banks | 65 min podcast | April 2021 }}

The Risk of EM Central Bank Overreach

Which EM central banks are more at risk ... [Read more]

Emerging Markets | 22 min podcast | March 2021 }}

MacroBrew – EM Insights: Which countries lie under the Damocles Sword?

Which Emerging Markets are at risk of an ... [Read more]

Emerging Markets | 3 min podcast | January 2021 }}

Fireside Chats – Asia insights: How is Asia extending its lead in the race to recovery?

Why are Asian economies going to be the ... [Read more]

Economics | 4 min read | December 2020 }}

2021 Global Economic Outlook - A topsy-turvy recovery

The still-raging pandemic produced a unique recession in ... [Read more]

Focused thinking | 39 min podcast | December 2020 }}

Fireside Chats: 2021 Outlook – Global restoration, converting hope into reality.

Our Global outlook for 2021. ... [Read more]

Economics | 3 min read | November 2020 }}

Emerging Markets’ Quantitative Easing Amid Rising Investor Discrimination

Analysis of the rapid growth in 20 EM ... [Read more]

Geopolitics | 4 min read | August 2020 }}

Covid-19 a blessing in disguise for climate change?

We look at 6 ways that COVID-19 has ... [Read more]

Central Banks | 29 min video | August 2020 }}

The world post Covid-19 (part 2)

Economics | 34 min podcast | August 2020 }}

Fireside Chats - The World After Covid-19: What can we expect?

Will Climate Change, food security and social life ... [Read more]

Central Banks | 3 min read | July 2020 }}

The world post Covid-19

The world remains in the grip of Covid-19 ... [Read more]

Emerging Markets | 18 min podcast | July 2020 }}

Fireside Chats - Asia's Emerging Markets: The best of a bad bunch

The state of Asia's Emerging Markets and how ... [Read more]

Economics | 3 min read | June 2020 }}

Nomura Investment Forum Asia: Global Economic Outlook Post Covid-19

During our virtual Nomura Investment Forum Asia conference ... [Read more]

Economics | 2 min read | June 2020 }}

Gauging the Risk of a Second Wave of Covid-19

We develop a visual tool to assess the ... [Read more]

Volatility | 18 min podcast | June 2020 }}

Fireside Chats - Forecasting a second wave of Covid-19

Is mobility data the next tool in the ... [Read more]

Economics | 1 min read | April 2020 }}

Damocles Update 3: Our Early Warning Indicator of Exchange Rate Crises

Damocles is based on a noise-to-signals approach in ... [Read more]

Economics | 3 min read | April 2020 }}

The Global Economic Impact of Covid-19

Our weekly update on the global economic impact ... [Read more]

Central Banks | 17 min video | January 2020 }}

Global Economic Outlook 2020: On Shaky Foundations

Economics | 5 min video | December 2019 }}

Preparing for the Next Surge in Food Prices

Focused thinking | 4 min video | November 2019 }}

Unconventional Monetary Policy: Who’s Next?

Economics | 2 min read | September 2019 }}

Nearing an Inflection Point: Preparing for a Change in Global Growth Velocity

We have been downbeat on the global economic ... [Read more]

Central Banks | 2 min read | July 2019 }}

Are the Major Central Banks Trapped?

The policy reaction function of many of the ... [Read more]

Central Banks | 4 min read | July 2019 }}

Global midyear economic outlook 2019

Central bankers step up to the plate as ... [Read more]

Economics | 3 min podcast | July 2019 }}

Damocles Update: Who is at Risk?

Damocles is based on a noise-to-signals approach in ... [Read more]

Economics | 2 min read | June 2019 }}

US-China Trade Diversion: Who Benefits?

The ongoing and escalating US-China trade friction is ... [Read more]

Economics | 2 min read | May 2019 }}

What Drives the Oil Price Rise Matters

We found that a sustained rise in oil ... [Read more]

Economics | 3 min video | December 2018 }}

Asia in 2019: Always Darkest Before the Dawn

Economics | 3 min read | November 2018 }}

Oil Price Slump: A Big EM Differentiator

Oil prices have fallen sharply. This drop, if ... [Read more]

Economics | 7 min video | November 2018 }}

US-Sino Trade Friction: Not All a Lose-Lose Outcome for Asia

Central Banks | 4 min read | October 2018 }}

Surplus or deficit: what drives the current account matters

Current account deficits in Indonesia and the Philippines ... [Read more]

Central Banks | 3 min read | September 2018 }}

Damocles: our early warning indicator of exchange rate crises

Despite the lessons learned from past crises, currency ... [Read more]

Economics | 4 min video | July 2018 }}

Asia Growth Slowdown: Six Reasons Why a Growth Slowdown Lies Ahead

Emerging Markets | 2 min read | June 2018 }}

Digital Disinflation: a Powerful Force Taking Off in Emerging Markets

The first wave of global disinflation came from ... [Read more]

Economics | 8 min podcast | May 2018 }}

Global Emerging Markets Podcast Series

Goldilocks economic conditions of strong growth and low ... [Read more]

Emerging Markets | 1 min read | May 2018 }}

Higher Oil Prices Drive EM Divergence

A continued rise in oil prices would divide ... [Read more]

Emerging Markets | 3 min read | April 2018 }}

Where are the risks in an EM snapback?

Four potential events this year could lead to ... [Read more]

Focused thinking | 1 min read | March 2018 }}

Who would bear the brunt of increased US protectionism?

In this study, our economists assess the impact ... [Read more]

Economics | 1 min read | December 2017 }}

Asia Economic Outlook 2018

A forecast of Asia’s sweet spot of solid ... [Read more]

Economics | 5 min video | December 2017 }}

Outlook 2018: Asia

Central Banks | 2 min read | November 2017 }}

The great decoupling: are Asian central banks breaking from the Fed?

Asian central banks are yet to follow the ... [Read more]

Economics | 4 min podcast | November 2017 }}

Oil price moves: A big EM differentiator

With oil prices on the rise this year ... [Read more]

Economics | 6 min video | August 2017 }}

Highlights from Nomura Investment Forum Asia 2017

Economics | 3 min read | August 2017 }}

The tranquil path of Asian inflation

In their recent ‘Asia Special Report’, our economists ... [Read more]