RaboResearch - Economic Research

Economic Report

The race to predict India’s economic data

We show that so-called nowcasting can be used to gauge economic growth in India more accurately. We correctly predicted India’s recent slump in economic activity. Moreover, nowcasting can also be used to validate recent claims that India’s GDP figures are overestimated. We find not ground for these claims.

Economic Report

Recession and CLOs

While CLOs performed well during the last crisis, and there is less dependence on short-term wholesale funding, the rise of loans with reduced investor protection and illiquidity are risk factors that could turn a run-of-the-mill recession into something worse.