The base case here since May 2020 has been that the Federal Reserve will adopt some form of yield curve control when faced with the cyclical evidence of recove... Read More»
This column has tended to focus primarily on monetary policy as it relates to the trend in financial markets.
But another longer term issue is the sheer scale o... Read More»
The view here remains that the key issue facing investors in 2021 is the Federal Reserve’s policy response coming out of the pandemic.
Still another point to no... Read More»
As good a stock market investment story in Asia as any is India.
The Indian economy is almost back to normal and the recovery has also taken place in the mar... Read More»
The preference here continues to favour cyclical stocks for the “back to normal” trade.
That means the likes of auto-related, industrial metal-related (witness... Read More»
The advice here remains to stick with the “back to normal” trade despite the scare over the mutating virus in Britain which has increased nervousness in recent... Read More»
Bitcoin's Coming of Age
If 2020 has been the year of Covid-19, it has also been the year of Bitcoin. Indeed it is the year where Bitcoin has come of age.
This ... Read More»
The US Dollar Index has over the past week fallen to its lowest level since April 2018.
US Dollar Index
Source: Bloomberg
This writer remains long-term US doll... Read More»
That a mass roll-out of vaccines is now on the horizon, on a six-month view, remains a reason to stay focused on the cyclical “back to normal” trade; though the... 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.
