The Great China Deleverage: Economy Ain’t Broke and Stocks OK

There remains a lot of noise about incipient trade wars and the like between the US and China. But, interestingly, the MSCI China Index, which mainly compri... Read More»

Italian Politics: The Calm Before the Next Storm

Europe remains a potential source of angst for financial markets in the form of another existential crisis for the Eurozone. True, stock markets have relaxed ov... Read More»

Teflon Don – Republican Midterm Victory the Base Case

If the American president is annoying people 'overseas' with tariff increases and the like, at home the story is a little different. If the chart below was ... Read More»

US Sanctions on Iran - European Investment

US Sanctions on Iran: The Unraveling of Pax Americana

Amid current news headlines about North Korea and related nuclear issues, it is important not to ignore the potential schism that could occur in the G7 worl... Read More»

Italy’s Populist Uprising Could Trigger Another Eurozone Crisis

Italian Politics - A Perpetual State of Turmoil The issue now in Italy is whether a new election will be held, or even worse for markets whether Five Star and ... Read More»

Strong Oil Prices Stoking the US Inflation Narrative

The latest inflation data has seen the Fed’s favourite inflation measure reach the 2% target. Headline PCE inflation and core PCE inflation rose from 1.7% Y... Read More»

India Rising: Charting a Path of Development Through Digitalization

India has long been this writer’s favourite stock market in Asia. It also has a feature unique in emerging markets: an electronic ID card system in which 1.... Read More»

Peaceful Kim Jong-un a Potential Catalyst for Cheap Korean Stock Market

There have been remarkable developments on the Korean peninsula of late. The flurry of events began at the Winter Olympics on the artificial snow of Pyeongc... Read More»

More Hawk than Dove? Will Powell’s Fed Remove Monetary Punch Bowl

With money markets now discounting three Fed rate hikes this year, and maybe even four, and the 10-year Treasury bond yield approaching 3% again, the attitu... Read More»

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