Thursday, September 08, 2016

Radio Show: USA and EU

Why we get mixed signals from America's economy - and terrible vibes off Brussels' Diktats.  USA The latest Federal Reserve Beige Book re... 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 >>

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 >>

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 >>

Friday, June 06, 2014

Europe: Short it - II: Monetary policy is a non-sticking band-aid

Self-congratulatory politicians. Back on 21st May we already warned  that the European "recovery" is a dangerous chimera.  indeed, a... Read More >>

Wednesday, May 21, 2014

Europe: Short it

Europe has voted itself out of a business cycle.  At the end of March we released this piece, arguing that the welfare state has given ri... Read More >>

Tuesday, April 29, 2014

Where to invest: US, China, Japan & Defense

1. Fed meeting, US economy, forward guidance etc a. Keynes cannot work in post-democracies: locals don’t want to build roads and bridges! b... 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 >>

Saturday, March 29, 2014

Europe has voted itself out of a business cycle

Rocketing prices.  On 15th and 21st March we suggested the myth of deflation. If anything, cost-push inflation is alive and kicking. ... Read More >>