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»

Positioning for More Rate Hikes No Longer Looks Crazy

Sometimes it is important to monitor alternative narratives and, like any good trader, not to be rigidly stuck to any specific view. The focus of this writer... Read More»

Big Changes are Underfoot in Eurozone Politics

For understandable reasons, media focus remains primarily on US politics with a presidential election due to be held in November amidst all the drama driven by ... Read More»

Is Argentina’s Economic Experiment Working?

Argentina’s recently elected President Javier Milei made headlines when he made a speech at Davos in January accusing Western leaders of abandoning “the values ... Read More»

What Will it Take to Turn China Around?

The concerns about intensifying deflationary momentum continue to build in China with the release of the latest data, be it the continuing decline in credit gro... Read More»

The Real Motivation Behind Fed Rate Cuts

This writer focused last week on the fact that the liquidity contraction is only now really beginning to bite based on an analysis of the trend in the M2 to nom... Read More»

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