Global Strategy
Is the Chinese Renminbi about to become the World’s New Reserve Currency?
There is an air of Western triumphalism in the air as regards the effectiveness of Western sanctions against Russia, most…
The ESG Boom has Peaked
The ESG boom may have peaked in the fourth quarter of last year. If that is just a judgement call,…
First Ukraine, Next Taiwan?
Conditions for financial markets remain the inverse of Goldilocks. Stagflation appears to be ever more a reality while the world…
The Japanese Yen Selloff Will Continue
If inflation and the commencement of a Federal Reserve tightening cycle have been dominating newsflow in the financial markets, as…
Growth Stocks Aren’t Out of The Woods Yet
The change in equity market leadership looks ever more pronounced in terms of the shift from growth to value stocks…
How Much Market Pain Will it Take to Reverse Fed Policy?
Those looking for a respite in the inflation scare are not getting it. Cyclical stocks continue to outperform growth stocks…
When Does the Stock Market Trigger the Infamous Fed “Put”?
No one should be surprised to see markets attempting to rally after the tumultuous start to the year. Bear markets…
6 Fed Rate Hikes, Yeah Right!
It remains all about the coming Fed tightening cycle, not only in terms of rate hikes but also Fed balance…
Will China Ever Give Up On COVID Lockdowns?
If this writer has continued to give the mainland authorities the benefit of the doubt in terms of managing the…
Bond Investors Should Zig When the Fed Zags
The contrast between the US and China monetary cycles has become crystal clear in recent weeks. has announced its most…