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Themes Emerging from the Presidential Transition

Dec 3, 2024

9:11 am

With only weeks left before Donald Trump takes office, we thought it would be prudent to analyse the emerging investment themes globally and also see how the president-elect’s proposals of sweeping tariffs will shape the global economic order going forward. 1. Tariffs: A Risky Economic Gambit The president-elect’s initial policy musings on imposing substantial tariffs—25%…

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Investment Strategy

Dec 2, 2024

1:14 pm

• US election uncertainty out of the way, focus back on policies • US Fed delivers another rate cut, pace of future rate cuts could be slower • Some recovery in the India output data after a weak Septembers • Weaker than expected corporate earnings, expected to stabilize in the next 2-3 quarters Global macro…

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In Thee We Trust (or Maybe Don’t)

Nov 26, 2024

7:29 am

As we navigate the transition of power from the Biden administration to President-elect Donald Trump, it’s striking how analysts continue to argue that the US equity market can sustain further gains in the year ahead. Let’s be honest: few are willing to call a top in the US equity market, which has had a remarkable…

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Reflections on a Transition

Nov 19, 2024

9:35 am

• After initial euphoria, markets react to the disruptive nature of the transition to a new presidency • Q4 US growth may gain momentum from animal spirits • Market can sense the Fed’s concern about sticky US inflation • Equities may be set for further gains after recent consolidation • European markets are at sea…

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