Thursday, July 20, 2017

Radio Show Notes: The Economic Clock explains markets

Readers know that we have run the framework of The Economic Clock® for years.  Robustly, it continues explaining market trends. My overa... Read More >>

Tuesday, December 13, 2016

China and Hong Kong: Why you should sell

 The global Economic Time® is worsening in China and Hong Kong: sell in December and go away. CHINA China is seeking a World Trade Orga... 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, November 17, 2016

Radio Show: USA: Trump and Markets

Trump's infrastructure spending plans are ineffectual. Why you should buy in to the recent bond market sell-off.in America. US Donald Trump... Read More >>

Thursday, November 10, 2016

Radio Show: Trump's "America first" during gridlock

How can Trump progress with his "America first" policy by angering Congress and foreign governments? THE ECONOMY Mr Trump has promised to dou... Read More >>

Saturday, October 29, 2016

Bond Yields: Driven by demography

  The longer we work, the more we save by buying bonds, so yields stay structurally low. Age drives savings  Working w... Read More >>

Thursday, August 25, 2016

Markets: keep buying China and America

Keep buying China/Hong Kong  and America/the dollar; history stopped being a guide  as of 2010.  1.  Why the Chinese  fis... Read More >>

Monday, August 22, 2016

China: Plenty of room for fiscal stimulus

China's national debt levels are not worrying, so China can reflate happily - and effectively.  Keep buying.    ... Read More >>

Saturday, June 04, 2016

Is the Fed Funds hike akin to Japan's VAT increase?

Is the much-traded-about Fed Funds hike akin to the much-traded-about Japanese VAT increase?  Why markets are so peripatetic. Investment imp... Read More >>

Monday, March 07, 2016

China: Potential policy blunders

Collateralized debt obligations and Keynesian fiscal expansion are dangerous and misguided. Investment implications. "The Big Short" ... Read More >>

Tuesday, September 29, 2015

Bloomberg Show: China, Japan & the Fed

Why you should be buying into weakness: China, Japan and America. Yesterday's Bloomberg TV shows. CHINA: earnings-driven "buy" Shrin... Read More >>

Friday, November 07, 2014

China: How fiscal policies amplify business cycles

Structural flaws in monetary policy.  Just yesterday we suggested that there are various structural flaws in China's monetary policy, fla... Read More >>

Thursday, April 24, 2014

Bond yields: but the sick man IS (southern) Europe!

Adieu, business cycle.  On 29th March 2014,  we penned blog on just how Europe as voted herself out of a business cycle. No amo... 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 >>

Thursday, May 23, 2013

Bernanke & The Economic Clock

You all know what happened: just before releasing the minutes of the  last FOMC meeting, Prof. Bernanke spoke to the Joint Economic Committee ... 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 >>

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 >>

Tuesday, November 06, 2012

Markets: Which elections DON’T matter to markets

Too much emphasis is being put on "top level" elections in the US and China.  As if Presidents or Premiers really are in charge any more. ... Read More >>

Thursday, November 01, 2012

US Elections cannot affect the dollar’s structural demise

Just yesterday, a wise friend of mine sent me the following piece of research from the esteemed Bank Credit Analyst. Going back in history, its ana... Read More >>

Friday, October 05, 2012

European banks: putting them into perspective

Having just returned from holidays in bubbling London and vibrant Berlin, we return to Hong Kong in a glum mood about the Euro.Particularly German ... Read More >>

Friday, September 14, 2012

Fiscal cliff-hangers: the Fed and Japan

Those elected  hypocritical &  mendacious politicians in the US, EU and Japan refuse to create jobs for their elecorates via fiscal s... Read More >>

Wednesday, September 12, 2012

Karlsruhe: the devil lurks in the detail

As all of us know, Germany's Constitutional Court (Verfassungsgericht) is pronouncing today at 10:00 AM  German time on the legality of German... Read More >>

Wednesday, September 05, 2012

ECB: Into the dog house, where appeasement reigns

These are some acerbic notes that I have made for my Bloomberg TV interview here in HK today at 12:10 noon.  -     &... Read More >>