Global Strategy
Expect Markets to Rally Thanks to Mid-terms and an Impending China Trade Deal
There is clearly the potential for more of a technical rally in stock markets with the bogey month of October…
The Impact of Middle Eastern Oil on the US Economy
There are all kinds of concerns currently percolating in world financial markets, such as a US-China trade war. But what…
FANG Faces the Existential Threat of Disruption and Regulation
The recent breakdown of the S&P500 has revived the base case triggered by the ‘short vol’ unwind in February. That…
China’s Domestic-Driven Economy Will Insulate it from Trade Warriors’ Attack
It remains obvious that events of late have continued not to move in the direction of the base case here,…
Implications of the US 10-Yr Treasury Bond Breaking Through 37-Year Trend Line
There have recently been some dramatic moves in America’s bond market where the US Treasury bond market broke through a…
China, North Korea, Iran… Has Trump Achieved Maximum Winning?
The news flow over the past few weeks has not supported hopes that there is a better chance of a…
Weak Chinese Stock Market Driven by Domestic Deleveraging not Trade War
This year the Chinese stock market has been very weak with the Shanghai Composite Index declining by 15% year-to-date, and…
How a Democrat Win in the Midterms Will Affect the Markets
With the tenth anniversary of the Lehman bankruptcy just passed, one theme of this writer’s message to investors of late…
Cannabis Legalization in North America and the Economics of the Opioid Crisis
A land grab is now emerging in the area of cannabis investing as legalization momentum gathers pace, resulting in the…
The Strong US Dollar, Buyback Frenzy and Increased Savings
Given Donald Trump’s recent criticism of Federal Reserve policy of late, Fed chairman Jerome Powell made a politically astute speech…