Much to Ponder on, particularly in China

Aug 17, 2021

8:37 am

• US Inflation still flying high, but markets concerned with the impact of delta variant • US inflation data appears to understate inflation in residential rents • Europe providing leadership in equity markets • China announces a five-year plan of broadening regulation • We see potential material risks to the downside for Chinese equities if…

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Disruptive Businesses – Here to stay!

Aug 13, 2021

1:06 pm

2021 has been an exciting year for investors thus far. Despite a big economic setback caused by Covid19, capital markets have been buoyant led by relentless money supply by central bankers and surprisingly solid growth in corporate profits. The long queue of IPOs and record amounts of fundraising (highest in the last two decades) reflect…

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Is the Fed in a Hole?

Aug 10, 2021

5:32 am

• Higher inflation and lower unemployment present a challenge to the Fed’s ultra-loose monetary policy • Near-term rise in COVID cases may provide an excuse to maintain an easy policy stance – for the moment • US bond yields rise but will still likely be range-bound in the very near term • The upcoming Jackson…

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The Eternal Debate

Aug 6, 2021

2:44 pm

Value VS Growth Market participants have debated the benefits of Value vs Growth investing probably since these terms were coined. Over the last decade or so growth has beaten value hands down. When the global markets are being propelled by fast-growing tech and tech-enabled companies and billions of dollars are betting on innovation, is there…

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