It remains the case that the last thing the Biden administration and the Federal Reserve want to see is a further rally in the oil price.
One, among several ... Read More»
“Government may declare official end of deflation”.
This was a frontpage headline in the Japan Times last quarter.
This, and the Nikkei breaking the 40,00... Read More»
The Chinese economy remains the world’s second largest, with a GDP of US$18tn, so it is hard to ignore even if many global investors now view it as uninvestable... Read More»
Sometimes it is important to monitor alternative narratives and, like any good trader, not to be rigidly stuck to any specific view.
The focus of this writer... Read More»
For understandable reasons, media focus remains primarily on US politics with a presidential election due to be held in November amidst all the drama driven by ... Read More»
Argentina’s recently elected President Javier Milei made headlines when he made a speech at Davos in January accusing Western leaders of abandoning “the values ... Read More»
The concerns about intensifying deflationary momentum continue to build in China with the release of the latest data, be it the continuing decline in credit gro... Read More»
This writer focused last week on the fact that the liquidity contraction is only now really beginning to bite based on an analysis of the trend in the M2 to nom... Read More»
The base case remains that the US is heading into a downturn in 2024 as signaled by the collapse in M2 growth.
Still there is no doubt that the Federal Reser... 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.
