Treasury Yields are Falling But Don’t Be Fooled

The Treasury bond market has been rallying of late on softer US data. This can continue for now. Still the view here remains that US Treasuries are in a s... Read More»

How Could Geopolitics Influence The Election?

Financial media continues to focus on such matters as Fed policy and the endless chatter of Fed governors. But the newsflow in the financial sphere in many r... Read More»

Breaking Down the Popularity and Risks of Private Debt

Private credit is the booming asset class, an asset class which has done a brilliant job taking advantage of the market opportunity provided by the heavy regula... Read More»

What a “No Landing” Means for Your Portfolio

It is important in observing markets to monitor alternative narratives and, like any good trader, not to be stuck rigidly to any specific view. If this write... Read More»

Are Gold Prices Being Manipulated?

An old contact told this writer recently of something he was not aware of. That is that former Federal Reserve chairman Paul Volcker once said that the one m... Read More»

Betting on Lower Interest Rates?

Federal Reserve statements and press conferences are probably more over analysed and commented upon than any other area of the financial markets. Still it is... Read More»

Tracking Three Risks That Could Sink Markets: Oil, Geopolitics and Private Debt

It remains the case that the last thing the Biden administration and the Federal Reserve want to see is a further rally in the oil price. One, among several ... Read More»

Is Japan’s Stock Party Over, or Is the Best Yet to Come?

“Government may declare official end of deflation”. This was a frontpage headline in the Japan Times last quarter. This, and the Nikkei breaking the 40,00... Read More»

Is China Investable Yet?

The Chinese economy remains the world’s second largest, with a GDP of US$18tn, so it is hard to ignore even if many global investors now view it as uninvestable... Read More»

Global Strategy