global strategy
America’s Deteriorating Finances and Why You Shouldn’t Own the Dollar
One topic highlighted in this column of late has been the dramatic deterioration in America’s net international investment position which…
Has Passive Investing Gone Too Far?
This writer was interested to read of late about research on the distorting impact of passive investing, most particularly in…
Key Takeaways From Our Recent Trip to Beijing
Two things are clear from a recent visit to the China capital. First, there is no sign that deflation is…
Analysis of the Ongoing China-US Trade Talks
The recently concluded US trade deals with Japan and Europe, or perhaps it should be said reportedly agreed, are a…
Stablecoins, Bonds & Hyperscalers Oh My!
The US stock market has continued to rally even as the tariff threat lingers. Investors continue to bet on the…
Global Equities Are Breaking Out, Should You Chase?
This writer is not a chart watcher by trade. But it is not necessary to be a technical analyst to…
What is the Right Tariff Rate for China?
The IMF-World Bank Spring meeting talking shop in Washington in late April served a highly useful function. It provided the…
Why The Time Has Come to Overweight International Stocks
Whatever the exact trigger, the extraordinarily recent sharp appreciation of Taiwan’s currency, the NT dollar, is perhaps the clearest signal…
US or China – Who has the Stronger Negotiating Position in Trade Talks?
The base case here remains that the US has no leverage over China on the tariff issue, as previously discussed…