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Christopher Wood

China Still a Manufacturing Powerhouse. Buy the RMB, Sell the Dollar.

The US Dollar Index has over the past week fallen to its lowest level since April 2018. US Dollar Index…

Southern European Stocks Looking Juicy Driven by Gov’t Bond Buying

That a mass roll-out of vaccines is now on the horizon, on a six-month view, remains a reason to stay…

Post-COVID Liftoff: Cyclicals, Gold & Bitcoin

If anybody was in any doubt that cyclical stocks would rally sharply on the re-opening trade, they got the evidence…

China’s Focus on Technology & Domestic Demand

China's 14th Five-Year Plan  While world markets have been focused on the US presidential election, an important event also took…

Fed Addresses “Uneven” Recovery, However the Damage is Already Done

Fed to Remain Dovish: Yield Curve Control  There was an interesting speech made last month by Federal Reserve governor Lael…

The Landscape is Shifting for Chinese Fintech

The US presidential election appears to be finally over. But it remains unclear how the issue of regulation of “Big…

How the Fed Reacts to a Vaccine Driven Recovery Will Determine the Market’s Fate

As the media focuses on the closely contested US presidential race, as well as, of course, the Covid “second wave”,…

With a Blue Wave Likely, is Big Tech in Trouble?

The “Blue Wave” is clearly the base case in the forthcoming US presidential election. Still, markets have become nervous again…

We Are Witnessing the Beginning of the End of the Deflationary Era

The cyclical trade continues to be recommended here, despite the ongoing COVID “second wave”. On this point, it is interesting…