Global Strategy

China Offers Safety in a World of Central Banks Gone Crazy

The Federal Reserve has duly delivered on the expected softening of the inflation target in the latest FOMC meeting in…

September 29, 2020

Gold Secular Bull Market Intact, Target Price $5,500/oz

Gold's Resilience Despite Weak Physical Markets in India & China Gold continues to behave in a resilient fashion having been…

September 22, 2020

Fed’s License to Overshoot on Inflation

The US Treasury bond market has started to sell-off in recent weeks, in line with the base case here of…

September 14, 2020

Election 2020: Are Trump’s Anti-China Theatrics Setting Up for an Inevitable U-Turn?

Trump's Anti-China Theatrics It has become almost a pantomime. Grizzle refers to the slew of anti-Chinese measures announced by the…

September 8, 2020

COVID Cases Contained In America and Economic Data Remains Resilient

COVID-19 Cases: Contained in America, Surging in Europe It continues to look as if new cases may have peaked almost…

August 31, 2020

Trump’s Future Depends on the Path of COVID-19

European Fiscal Union & US Dollar Weakness There have been several reasons why the US dollar has weakened in recent…

August 25, 2020

Fed Yield Curve Control will Drive the US Dollar Lower and Valuations of Growth Stocks Higher

Barbell Strategy of  Cyclical & Growth Stocks The base case remains that cyclical stocks will enjoy renewed outperformance, as they…

August 19, 2020

COVID-19 Data Fades While US-China Tensions Flare Up

US COVID-19 Data Improving Attention remains front and center on the data for cases and deaths in America. In the…

August 11, 2020

The China Money Printer is Idle, Overweight China

China's Policy Driven Bull Market The Chinese stock market has resumed rallying since the start of the current quarter helped…

August 4, 2020