The news flow over the past few weeks has not supported hopes that there is a better chance of a trade deal with China than currently envisaged by markets. ... Read More»
This year the Chinese stock market has been very weak with the Shanghai Composite Index declining by 15% year-to-date, and by 20% at the bottom last month (... Read More»
With the tenth anniversary of the Lehman bankruptcy just passed, one theme of this writer’s message to investors of late has been that politics has now beco... Read More»
The immediate focus of markets of late has been the resurgent US dollar (see following chart) amid the collapse of the Turkish currency, down 23% against th... Read More»
Growth remains seemingly benign, most particularly in the US with the Atlanta Fed’s GDPNow model indicating 3%YoY growth last quarter (see following chart).... Read More»
If monetary tightening remains the main risk for global stock markets, the threat of a trade war continues to dominate the headlines.
The Donald's De... Read More»
Ongoing US monetary tightening is not the only risk facing Wall Street-corrected world stock markets. The past few weeks have seen renewed negative focus on... Read More»
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»
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»