United Kingdom, Intermediaries

John Butler

John Butler

As the investment team leader of the firm’s Global Macro Strategy effort and a member of the Global Bond Team, John leads our global macroeconomic strategy efforts and contributes to the management of global portfolios for the firm’s clients around the world. He focuses on macro forecasting & analysis and monetary policy for the UK and Europe, as well as the global cycle, translating key macro data into investable ideas and themes and working closely with investors around the firm.

Featured Insights

What does “good” versus “bad” inflation really mean?
Macro Strategist John Butler explains why changes to the economic environment mean the pandemic response may be the start of a new era in monetary policy.
June 2021
What does “good” versus “bad” inflation really mean?
Global cycle: about to take off…with central banks scheduled to buy another US$1.5 trillion of assets in the next six months
Macro Strategist John Butler examines what the next 12 months could have in store for the global economy.
May 2021
Global cycle: about to take off...with central banks scheduled to buy another US$1.5 trillion of assets in the next six months
2021 Global Economic Outlook
Our 2021 economic outlook describes the forces we believe will shape macro & market events, including significant geopolitical risks with strong 2021 growth likely.
November 2020
2021 Global Economic Outlook
No turning back: COVID-19’s lasting policy legacy
With the pandemic changing the scale and nature of fiscal policy, Macro Strategist John Butler explores the potentially profound consequences for the global economy and financial markets.
October 2020
No turning back: COVID-19’s lasting policy legacy
The case for higher inflation (and why it’s not now)
Macro Strategist John Butler discusses why higher longer-term inflation may be increasingly likely.
July 2020
The case for higher inflation (and why it’s not now)
What does “good” versus “bad” inflation really mean?
Macro Strategist John Butler explains why changes to the economic environment mean the pandemic response may be the start of a new era in monetary policy.
June 2021
What does “good” versus “bad” inflation really mean?
Global cycle: about to take off…with central banks scheduled to buy another US$1.5 trillion of assets in the next six months
Macro Strategist John Butler examines what the next 12 months could have in store for the global economy.
May 2021
Global cycle: about to take off...with central banks scheduled to buy another US$1.5 trillion of assets in the next six months
2021 Global Economic Outlook
Our 2021 economic outlook describes the forces we believe will shape macro & market events, including significant geopolitical risks with strong 2021 growth likely.
November 2020
2021 Global Economic Outlook
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