Thursday, September 07, 2017

Radio Show Notes: Fischer, ECB, dollar, gold & Chinese markets

A random walk. We are very worried about Prof. Fischer resigning. Expect more ECB garble. The dollar remains soft whilst Euro-yields rise. Gold ris... Read More >>

Thursday, February 02, 2017

USA: The Fed and long bond yields

Even though the Fed won't raise short rates until mid-June, watch the long end of the curve! U.S.  The Fed has left interest rates on hold. ... Read More >>

Monday, November 28, 2016

USA: Reflation = "trickle-out" economics

Markets have been gyrating very much because of Trump's reflation plans. But they will trickle out overseas. Forthcoming policy mix ... Read More >>

Thursday, August 04, 2016

Market Outlook: August - December 2016

Global Economic Time is stabilizing: buy the G3 plus Greater China What are your top 3 investment ideas?  -     &... Read More >>

Friday, January 22, 2016

Bloomberg Show: Investment Strategies

How not to/ to invest your money: losers and winners on a national and sectoral level. Market Outlook  is the market rout over? Have we seen ... Read More >>

Monday, January 04, 2016

USA/Global: why rising rates smell

There are four identifiable risks to rising US rates - but not necessarily the ones that you probably are thinking of. How to make money off these... Read More >>

Wednesday, December 23, 2015

RTHK Radio: Europe and seven investment themes

Why you should short the Euro. Seven investment themes, some odd ones, for 2016. 1. The Euro and the European Union For the EU headline the Finla... Read More >>

Thursday, December 10, 2015

Market strategies for 2015 and 2016

1. Market outlook for rest of the year; expectations for 2016; what were the main surprises in 2015? Expect a dive on 16th Dec when the Fed a... Read More >>

Friday, August 21, 2015

Push for reforms, consumption, productivity growth key to Asia’s future

Enzio von Pfeil is interviewed by The Edge Singapore and outlines why the push for reforms, consumption and productivity growth are key to Asia&r... Read More >>

Thursday, June 18, 2015

El Nino strikes: which sectors?

This El Nino will be on par with 1997's muscular one. What sectors to go short and long of. Weather According to the Financial Times (FT) o... Read More >>

Friday, May 22, 2015

Global: where do I put my money?

Why you must go with the flow - and where. These are my notes for a Bloomberg TV show this Monday, 25th May 2015, 11:00 - 11:50 AM, Hong Kong time:... Read More >>

Wednesday, April 22, 2015

Hong Kong/China & oil: today's radio show

Why you must buy China and Hong Kong stocks - and why you must short oil.     Have a listen at http://programme.rthk.hk/channel/radi... Read More >>

Tuesday, January 06, 2015

June outlook:cheap gold in the mush of 1H15

Our coverage of oil.  More recently,  we have issued four blogs on this slippery subject. In the first piece  on 8th ... Read More >>

Wednesday, December 17, 2014

Submerging Markets Crises: Exit strategies

Bank for International Settlements.  The BIS has been warning of another submerging markets crisis since is Quarterly Review of this Sept... Read More >>

Tuesday, December 02, 2014

Commodities: A supply-side idea

Blues.  Yesterday, the Bloomberg Commodity Index plunged to its lowest since May 2009, i.e. a five-year low. Consequently, the Australian... Read More >>

Saturday, November 08, 2014

Lower oil = a tax cut. Winners & losers

 A tax cut. Since June, oil's price has dropped by a quarter. See this as a tax cut that benefits oil consumers. This means that next to ... Read More >>

Saturday, November 01, 2014

Yen/Dollar: Exporters and sector strategies

Japan's monetary base.  As you know, just this Thursday the Bank of Japan (BoJ) decided to expand its monetary base by an average 24%, to... Read More >>

Wednesday, October 22, 2014

Bloomberg: Show notes for 23/10, 11:40 AM HK Time

1. Japan outlook those scandals have not exactly enhanced Abe's popularity -Abe must decide by the end of this CY if he wants to increase ... Read More >>

Sunday, September 21, 2014

In Gold we trust: it's insurance only!

Insurance only. At the end of this May, we  advised that you view gold as insurance and not as investment.  The key reasons are... Read More >>

Tuesday, August 05, 2014

Asset Allocation: Third Quarter 2014

Here are some notes prepared for my TV show on Bloomberg and a radio show on Hong Kong's RTHK Investment strategy. Sectors you like/don't like... Read More >>

Tuesday, April 01, 2014

Investment strategy going in to quarter II 2014

 I have compiled this for my show on Bloomberg tomorrow, Wednesday, 2nd April, at 11:40 AM Hong Kong time     Asia-Pacific... Read More >>

Friday, March 21, 2014

The fallacy of deflation - II

In point 4 our recent note on the fallacy of deflation, we argued that  markets may be staring in the wrong direction. Whilst it ... Read More >>

Sunday, March 16, 2014

Chinese banks: releasing your house cat in to the jungle

 Alarms.  Not so long ago, we witnessed a double-header of "firsts" in China: a) a bond issued by Chaori Solar Energy Science & ... Read More >>

Saturday, March 15, 2014

The fallacy of deflation

Nothing much to write about this.    "Inflation is dead". Oh really? Then how come food prices are going through the roof? How come ... Read More >>

Wednesday, March 12, 2014

Random Thoughts: The RMB and Gold

No need to tell you that the RMB has skidded by 1.4 per cent within the past  nine days (t0 RMB 1.61/dollar), a level not seen since this summ... Read More >>

Wednesday, March 05, 2014

In Gold We Trust

Here is what  I have drafted for tomorrow's show on Bloomberg TV at 11:40 AM.  As usual, I bank on your intelligence, thus providing... Read More >>

Monday, June 24, 2013

Changing Economic Time®: So, how do I invest now?

How to invest now? We provide strategic (i.e. NOT "timing"/ "tactical" ) asset allocation thoughts concerning which instruments, markets, sectors, ... Read More >>

Wednesday, April 17, 2013

Gold: Keep your insurance policy!

In our  previous blog on gold, "In gold we trust" (6th December 2012), I obviously could  not foresee Monday's plunge... Read More >>

Wednesday, December 12, 2012

Why NJA remains a "buy"

For some quarters we have suggested that particularly China's offshore shares are worth looking at. So are Hong Kong's: we are the water-skier at t... Read More >>