Why I Am Bullish On Vietnam
Vietnam is one of the few countries left in the world which will still boast a double digit nominal GDP growth rate. They have 200-300 BP of real rates... Read More
Institutions Prediction for 2020
The following is a synopsis of what the larger professional institutions and their research departments are expecting for 2020; via Market Cycle Wealth Management. Q3 2019 hedge fund letters, conferences... Read More
David Hume & The PBOC: He who laughs last – Russell Napier
Russell is my all time favourite strategist and this article https://www.eri-c.com/news/303 on the dilemma facing the People Bank of China is a must read. Q3 2019 hedge fund letters, conferences... Read More
US headed for 0% GDP growth in Q4 and Q1
Asset price is a simple case of demand and supply. The following words from Agnico eagle CEO ( one of the largest gold miner in the world) will tell... Read More
Saxo Bank Outrageous Predictions For 2020
This makes for an interesting reading: Continuing almost two decades of tradition, our experts have made 10 Outrageous Predictions for the year ahead. Their consensus-smashing forecasts would send shockwaves through... Read More
Corporate Management teams are LBO’ing themselves with cheap debt (
Corporate Management teams are LBO’ing themselves with cheap debt (Thx Fed) to reduce share counts and increase stock values (time shift) now to enrich themselves at the expense of... Read More
The Fed Gives Up on Inflation: Why I Gave Up On Strong USD View
Why I changed my (Strong) US Dollar view “Ideas become part of who we are. People get invested in their ideas, especially if they get invested publicly and identify with... Read More
Debt owed by governments, businesses and households around the globe is up nearly 50% since before the financial crisis
Q2 hedge fund letters, conference, scoops etc “Debt owed by governments, businesses and households around the globe is up nearly 50% since before the financial crisis to $246.6 trillion at... Read More
Party Like It’s 1999
Q2 hedge fund letters, conference, scoops etc Article by Ritesh Jain, World Out Of Whack Read More
Deutsche bank is the biggest systemic risk today
Something is seriously rotten in European banking and Deutsche bank is the biggest systemic risk today. Q2 hedge fund letters, conference, scoops etc European bank and financial services stocks just closed... Read More
The one ingredient missing for a major bond price top is the blowup of a big firm
The one ingredient missing for a major bond price top is the blowup of a big firm like LTCM, Bear Stearns, Lehman, Orange Co., MF Global, etc. Maybe it... Read More
Whenever CNY has depreciated it always means deflation in the world
Whenever CNY has depreciated it always means deflation in the world because weak Chinese currency makes Chinese exports cheaper and hence falling CNY means falling GOLD prices…. Q2 hedge fund... Read More
Negative yielding crosses $15 trillion
Nomura on US equities “We would expect any near-term rally to be no more than a head fake, and think that any such rally would be best treated as an... Read More
Nearly half of S&P 500 components have a higher yield than the 10-year, and 25 yield more than 5%
WSJ: “Families Go Deep in Debt to Stay in the Middle Class” Q2 hedge fund letters, conference, scoops etc This is a great chart on growth of assets and Liabilities. I... Read More
The Longest expansion just got longer
IMF growth estimates US growth estimate for 2019 revised up by 0.3% to 2.9%. Q2 hedge fund letters, conference, scoops etc FED does not need to cut but a rate cut will... Read More
Macroeconomic Overview A Misdiagnosed U.S. Economy – Guggenheim
Consumers, businesses, and investors confronted a meaningful headwind in the second quarter of 2019—the risk of escalating trade tensions and their unintended consequences. This came to fruition when China... Read More
We are on the verge of a currency war
Pick and choose your poison. An economy which is growing at 3% and an unemployment rate of less than 4% will see rate cuts in next week Fed meeting.... Read More
The Charts Show That Fiat Money Experiment Is In The Last Stages
Gold in INR (Indian Rupee)……before long national obsession is going to be back. The amount of interest Indians have in GOLD today can be gauged from the AUM of... Read More
Europe & EM in particular remain potential value traps
Prerequisite Capital writes in their newsletter: Q2 hedge fund letters, conference, scoops etc Perspective around World & US Equity markets, before launching into an expanded discussion of the required Portfolio Strategy... Read More
Both Equities And Bonds Markets Globally Headed For A Steep Reversal ?
As trade wars threatened to derail global economic growth, major central banks suggested they were ready to provide support in the form of lower rates. Markets rallied early in... Read More
Falling bond yields have triggered a renewed push higher for P/Es. Can the P/E continue to rise to infinity? The answer is NO
Copper Demand Set To Double In 20 years – The World’s Largest Operating Copper Mines Are More Than 75 Years Old.Conditions are ripe but wait for cycle to turn... Read More
The Chinese economy is deteriorating fast [Charts]
The EM-DM growth differential is depressed in a historical context Q2 hedge fund letters, conference, scoops etc The GDP growth differential between EM and DM has collapsed since 2010. While it... Read More
