Wednesday, August 17, 2016

Disfigured valuations: you may as well keep buying high yield bonds

  G3 Central Banks have disfigured the market's pricing mechanism to such a degree that talk of "overvaluation" is misplaced: "overvalued" rel... Read More >>

Tuesday, June 14, 2016

China: why A-shares will get included in the MSCI

We'll join the herd and predict unoriginally that China's A-Share index directly will be included in the MSCI Emerging Markets Index (MSCI EMI). T... Read More >>

Tuesday, April 05, 2016

Bloomberg TV: Emerging markets; Fed; China; Japan

Buy Emerging Markets; the floundering Fed; China's policy dilemma  & why to buy Japan  Emerging markets Go overwe... 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 >>

Thursday, October 08, 2015

IMF's, Japan's & USA's losses of market credibility: RTHK Radio Show

The irrelevance of the IMF markets; the loss of market credibility of the Fed and Bank of Japan   IMF's recent irrelevancies "IM... Read More >>

Friday, August 07, 2015

Asset allocation in light of Fed Funds hike this September

Here is the recording of today's radio interview: Asset allocation in light of Fed Funds hike this September Better US Economic Time.... Read More >>

Tuesday, August 04, 2015

Stronger dollar heralds debt crises

Stronger dollar heralds debt crises  Since December we have been warning that the stronger dollar will hurt emerging markets. How? ... Read More >>

Tuesday, June 02, 2015

Rates, Earnings and The Economic Clock in structural slumps

What is the Economic Clock revealing about market direction in the US, China/Hong Kong & Europe? Asset allocation.  Keep overweightin... Read More >>

Saturday, May 23, 2015

Hong Kong/China: two lucrative Schemes

The Mutual Recognition Scheme , coupled with the  Shenzhen-Hong Kong Stock Connect Scheme , will  earn you lots of mo... Read More >>

Wednesday, April 22, 2015

Roadmaps: Grexit and a crash this Fall

Here is how much Greece must pay whom and by when, followed by an overall roadmap for that market tumble this Fall. Greece's  payment de... Read More >>

Friday, March 20, 2015

FOMC: Connecting the dots

Forget demand-driven inflation; worry about debt inflation in the Submerging Markets Dot plots. We won't bother re-phrasing the Financial Time... Read More >>

Wednesday, March 11, 2015

Dollar strength: The crunch cometh

    How  exploding debt-servicing could infect global markets    Looming Emerging M... Read More >>

Wednesday, February 25, 2015

USA: Yellen Tantrum

Even though the Fed probably will raise rates by September, we do NOT foresee life-threatening inflation, so real rates rise. However, we do forese... 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 09, 2014

Submerging markets' worsening Economic Time

Take-aways.  On 29th November we released pixels  arguing that a) a weaker oil prices drives up the dollar and b) a stronger do... 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 29, 2014

Dollar: Simple take-aways

Winners & losers. Recently we wrote a piece identifying winners and losers when it comes to the lower oil price. Dollar & oil.&nbs... 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 >>

Friday, May 16, 2014

Strategic Asset Allocation: "So what do I do now?"

Recent market drubbings. No prizes for telling you the time by looking at someone else's watch.  Dollar-cost averaging. If you have ... Read More >>

Monday, January 27, 2014

Trash Crash: yes. Chinese banking earthquake: no!

I need not tell you what is happening in the markets. My guess is that just about any news is bad news, except for that ICBC morning ray of light. ... Read More >>

Monday, January 13, 2014

Trash Crash II: Those marvellous men in their flying machines

Just last week we warned of a "trash crash" - a lightning bolt out of the blue, one that demolishes the markets febrile, yet complacent market opti... 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 >>

Thursday, December 06, 2012

In Gold we trust: North Korea’s Mistletoes and bankrupt democracies

Not few pundits out here, particularly staff, have feared that the end of the world happens on 21st December. If you believe your cleaner's story, ... Read More >>