14 June 2023
Unlocking Promising Opportunities In Private Credit: A Profitable Time To Lend
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13 June 2023
Inflation And Jobs On A Non-Linear Collision Course
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Our non-linear world often surprises our linear-thinking minds. For linear thinkers, inflation falling from 5 percent to 3 percent should be celebrated as much as if it fell from 3 percent to 1...
06 June 2023
IS China In A Liquidity Trap?
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Chinese stocks and the yuan will continue drifting lower. Continue receiving 10-year swap rates in China. There is potential for a further decline in commodity prices, EM risk assets and global...
30 May 2023
A Good Entry Point To Get Long Duration
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US bond investors should increase portfolio duration from “at benchmark” to “above benchmark” on a cyclical (6-12 month) investment horizon. We also recommend exiting Treasury curve flatteners and...
24 May 2023
The Debt Ceiling Game Is Parent-Child With A Bad Nash Equilibrium
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23 May 2023
Greedflation: Fad, Fact, or Fiction
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Greedflation may have piqued the interest of financial commentators, policymakers and politicians, but it is not the root cause of high inflation. However, the policy responses to a belief in...
19 May 2023
Greedflation: Fad, Fact Or Fiction?
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16 May 2023
ChatGPT And The Curse Of The Second Law
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Artificial intelligence (AI) is developing exponentially, and its impact on society and the economy could be comparable to the Agricultural and Industrial Revolutions. However, there are also...
10 May 2023
A Conversation With A Chinese Pundit
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China's economic outlook is uncertain, with the pandemic aggravating long-standing structural issues and policymakers focused on managing downside risks. Professor M expects a subdued recovery in the...
03 May 2023
Food-Price Inflation To Moderate
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Grain prices are expected to fall by 10% in 2023, due to the dissipation of war-related price shocks to fertilizer markets and increased production in major grain-producing countries. This will...