Capital Economics

ABOUT US

Capital Economics is one of the leading independent economic research companies in the world. Our large team of more than 60 experienced economists provides award-winning macroeconomic, financial market and sectoral analysis, forecasts and consultancy, from offices in London, New York, Toronto, and Singapore.

Founded in 1999, we have gained an enviable reputation for original and insightful analysis, and have built up a diverse and distinguished client base. The majority are in the financial sector, including some of the world’s largest investment banks and wealth managers, as well as smaller and more specialist firms. But we also have a growing number of corporate clients from a wide range of sectors and industries, and many relationships with governments and central banks, both in advanced and emerging economies.

Our publications are packaged into a wide range of services from which subscribers can choose according to their needs (and budgets). These include overview services covering the global economy and financial markets, as well as country and regional services producing detailed research for the US, Canada, Latin America, the UK, Western Europe, the Nordic countries and Switzerland, Emerging Europe, the Middle East, Africa, Emerging Asia, China, India, Japan, Australia and New Zealand. In addition, we offer three Commodities services (an overview service and dedicated coverage of Energy and of Metals) and a suite of Property services (covering the residential markets in the US and the UK and the commercial markets in the UK and Europe).

Our economists are available for personal contact via telephone and email, and for presentations and webinars. We also host regular seminars for clients in major centres in North America, Europe and Asia. In addition, we undertake bespoke projects and consultancy.

DIVERSITY AND INCLUSION

At Capital Economics, we are striving to create a diverse workforce and inclusive environment, which we believe are critical to help us make better decisions for the company, our employees and our clients. A diverse and inclusive workplace makes for more innovative, engaged and empowered employees, from whom business strength can be derived. This is particularly important in macroeconomic research, which relies on a diversity of views and opinions to be relevant and insightful.

OUR RESEARCH PHILOSOPHY

Capital Economics has no business in securities or other financial products. We are therefore independent and have no conflicts of interest. Our loyalties are quite simply to our clients, to whom we pledge to provide full, unbiased coverage and to “tell it as we see it”, whether that is good or bad.

Our economic philosophy is broad-based and pragmatic. The worst research is often based on dogma or “black box” computer models. Although we take full account of the monetary aspects of the economy and draw on econometric analysis when required, we do not believe that these approaches offer a unique or necessarily reliable guide to the real world. Instead, they have to be interpreted alongside other data. An understanding of institutional change and new global trends is also essential.

We are not afraid to challenge the conventional wisdom and stand out from the pack. This is reflected in our economic and market forecasts, which are often very different from the consensus. We avoid simply reporting past developments and aim instead to provide original and forward-looking analysis, with strong and clear conclusions.

When writing about financial markets, we do not make specific trade or asset allocation recommendations. But we do provide detailed analysis and forecasts for the performance of the main asset classes, and always seek to draw out the market implications of our economic views.

The paramount values which we seek to uphold are independence of thought, insight, clarity, brevity, accuracy and good judgement.