Global Strategy

China’s Focus on Technology & Domestic Demand

China's 14th Five-Year Plan  While world markets have been focused on the US presidential election, an important event also took…

December 3, 2020

Fed Addresses “Uneven” Recovery, However the Damage is Already Done

Fed to Remain Dovish: Yield Curve Control  There was an interesting speech made last month by Federal Reserve governor Lael…

November 23, 2020

The Landscape is Shifting for Chinese Fintech

The US presidential election appears to be finally over. But it remains unclear how the issue of regulation of “Big…

November 16, 2020

How the Fed Reacts to a Vaccine Driven Recovery Will Determine the Market’s Fate

As the media focuses on the closely contested US presidential race, as well as, of course, the Covid “second wave”,…

November 9, 2020

With a Blue Wave Likely, is Big Tech in Trouble?

The “Blue Wave” is clearly the base case in the forthcoming US presidential election. Still, markets have become nervous again…

November 2, 2020

We Are Witnessing the Beginning of the End of the Deflationary Era

The cyclical trade continues to be recommended here, despite the ongoing COVID “second wave”. On this point, it is interesting…

October 26, 2020

Expensive Green New Deal will Drive Energy Prices Higher not Lower

The Economist has a long-established tradition of contrarian cover signals, as have other business magazines, some of which are now…

October 19, 2020

The Virus is Burning Itself Out, Buy Stock Market Weakness

Joe Biden’s most important running mate, Covid-19, has clearly turned massively in his favour. The 7-day average daily new case…

October 13, 2020

Developed Market Bonds are Dead Money, Buy Discounted Cyclicals

Is this really the top for Big Tech’s leadership of the US stock market, and the related unprecedented relative outperformance…

October 6, 2020