Chris Wood
Can China Afford to Lose Control of COVID?
Attention has returned to the conflict in Ukraine with the launch of the Russian offensive in the Donbas area of…
A World Tour of Interest Rate Policies
Before Russia’s invasion of Ukraine, it was always likely that US inflation would peak with the March data point due…
Will Alternative Investments Cause a Lehman Moment?
Quantitative tightening is now officially on the agenda. The Fed decided in early May to start shrinking its balance sheet…
An End to the Ukraine War Could Signal the End of Fed Tightening
It has always been likely that the outcome of Russia’s invasion would be binary. Either there would be a reasonably…
What Comes Next for Global Markets
The US bond market continues to react to the Federal Reserve’s increasingly hawkish rhetoric. The ten-year Treasury bond yield reached…
Stocks Think Inflation has Peaked, Economic Data Says Otherwise
The US yield curve has flattened significantly this year, ever since the release of the Federal Reserve minutes on 5…
Is the Chinese Renminbi about to become the World’s New Reserve Currency?
There is an air of Western triumphalism in the air as regards the effectiveness of Western sanctions against Russia, most…
The ESG Boom has Peaked
The ESG boom may have peaked in the fourth quarter of last year. If that is just a judgement call,…
First Ukraine, Next Taiwan?
Conditions for financial markets remain the inverse of Goldilocks. Stagflation appears to be ever more a reality while the world…