Global Strategy
Can Share Buybacks and Fed Easing Hold Up the Market?
The ludicrous algos have continued to send share prices higher as central bankers have continued to compete to sound more…
Big Tech in the Antitrust Crosshairs While Bitcoin Amps Up
The issue of regulating the Silicon Valley titans has been back in the news recently. One trigger was a Wall…
Hong Kong Protests Come at a Difficult Time for China
Amid the continuing U.S.-China trade row, and the potentially even far more negative longer-term consequences of the targeting of Huawei…
Could a U-Turn on U.S.-China Negotiations Prevent a New Cold War?
The tweet may be a highly effective means for Donald Trump to manage the news cycle. But the methodology does…
Little Hope Left as Trade War Escalates Into a Tech War
I am currently looking wrong on the U.S.-China trade dispute. The view here had been to expect a deal on…
Investors Want to See Modi Re-elected in India’s Upcoming Election
India has long been my favourite Asian stock market. It is, therefore, of note that the result of the Indian…
Egg Head Economists at the Fed Think Deflation Has to Be Avoided – It Doesn’t
The focus of financial markets this week has again been the U.S.-China trade deal triggered by the much Twitter-driven news…
China’s Erratic Housing Market and the State of its Credit
The most important economic data to monitor in Asia this year will be Chinese credit data. On this point, the…
Under the Veneer of the ‘Unbreakable’ U.S. Consumer
Continuing last week's subject of the momentum in the U.S. economy, the key issue remains consumption, which accounts for 68%…
Short-term Interest Rates Likely to Fall, Slowing U.S. Economy
I remain firmly of the view that the next move in interest rates in the U.S. will be a cut,…