Japan has been one of the stock markets favoured by this writer. There has recently been some political noise with the departure of yet another Japanese prime m... Read More»
27 August was the Ganesh Chaturthi holiday in India.
But it was not a happy day in the country in the specific sense that the Trump administration went ahead... Read More»
There is no doubt that the Trump administration remains focused on getting the cost of debt servicing down.
The strategy seems to be to try to grow out of Amer... Read More»
The path is set for another Fed rate cut at this week’s meeting on Wednesday following the latest inflation data even though reported inflation is still well ab... Read More»
The view here has been that the US made an all time peak as a percentage of world stock market capitalisation, as measured by MSCI All Country World, on 24 Dece... Read More»
China remains the best example of a country which has not succumbed to the pressure tactics so effectively deployed against many other countries by the current ... Read More»
The base case remains for a 25bp rate cut by the Federal Reserve in September (i.e. this Wednesday) even though inflation is still running well above the 2% tar... Read More»
“Trump and hubris” is a phrase that has come to mind of late.
It in part refers to the American president’s undoubted growing confidence that his tariff agen... Read More»
The US stock market continues to celebrate the AI capex trade while ignoring the tariff noise based on the TACO viewpoint, or what is otherwise known as the Tru... Read More»
Chris is internationally renowned for his weekly institutional research newsletter GREED & fear. He has correctly identified all major global financial bubbles over the last 3 decades (US sub-prime crisis, Nasdaq technology bubble, Asian financial crisis, and the Japanese financial meltdown). He’s also the author of three highly acclaimed books: Boom and Bust, The Bubble Economy, and The End of Japan Inc. Since May 2019, Chris has been Global Head of Equity Strategy at Jefferies.
