Some extracts
- Your scribe insists we are only in the Great Normalization of our Western economies. After years of dependence on central bank liquidity, making a monkey able to build an asset allocation …
- It’s not the “why,” as Powell has been repeating his “Higher for Longer” for 6 months, but your scribe has a problem with the “why, now”…
- We have shorted oil because we didn’t understand the “why, now” behind the recent rise in prices, even though production cuts by certain countries had been announced 6 months ago and prices had fallen on the announcement…
- The GATE team has looked at the structure of the indices, and many companies are in a state of technical oversold despite favorable fundamentals (via our proprietary GARP+ process), and negative net debt (therefore almost insensitive to rising rates) are pretty numerous, including in …
- The expansion of the BRIC club and production of Huawei’s Mate60 indicate that US policy is, at best, ineffective and, at worst, harmful to American groups if it becomes even more restrictive…
- …. China is not subject to Japanification due Magnitude of asset price decline; Urbanization rate; Household and corporate exposure to real estate assets, ….