Whenever there’s an economic ideology that is gaining traction, I try to keep an open mind about it and stay abreast. I’ve noticed throughout history that when the dominant economic ideology of the day changes, their effects are typically felt over years and decades. After all it was Lord Keynes who wrote that: ‘The ideas … More Modern Monetary Theory – entering adoption phase
Our world is highly complex. History is filled with examples of how seemingly unrelated events led to unexpected outcomes. The interaction between humans and their physical environment has second and third order effects that aren’t easy to understand. This makes the business of forecasting challenging, and the outcomes of various events difficult to model. American … More By winning battles against COVID-19, governments could lose the war
While appreciating the tranquility of the forest beside a stream, the wise and veteran samurai tells the young warrior: ‘If you sit by the river long enough, the bodies of your enemies will float by’ I’ve long wondered what this quote meant, but I think I’ve finally figured it out. It is a quote about … More Thoughts on the market selloff
Keanchan.com will be going on hiatus in 2020, as I’ll be focusing more on: improving my technical competencies and learning new skills. working on new trading strategies and augmenting my framework on macro and global markets. my wedding and a new phase in life. But it’s not the end. I’ll be back in 2021 to … More Going on hiatus in 2020
Some of my best trades and investments since I started dabbling in financial markets came from investing in entire single countries that have fallen out of favour and holding them for a period of time until they become popular among investors again. What were some of them? My investments in Argentinian equities back in late-2015 … More Greece – turning the corner?
The Fourth of May is commonly known in modern day pop culture as ‘Star Wars Day’. It is a catchphrase among Star Wars fans and geeks, and they greet each other with the longer phrase ‘May the Fourth be with you‘, using ‘Fourth’ as a pun for ‘the Force’, which is the name of the … More Trade Deal? The Chinese may not fold yet
A change in the Narrative Among the many eyebrow-raising, bizarre, and interesting developments (zero-interest rate policies, negative yielding bonds, rise of populism) that have occurred since 2010, one of them that really defined this current decade is the death of the ‘peak-oil’ narrative. Remember those days when people were talking about how there could be … More These reasons are getting me interested in the energy sector
Last week’s Federal Open Market Committee (FOMC) meeting in the U.S. took the financial community by storm as its January policy update were seen by investors and market observers as an outright ‘U-Turn’. However, it may not be so. The most talked about was the change in the middle portion of the Fed’s statement during … More The Fed did not make a U-Turn
It’s time for a review of 2018, and I have to say that I managed to protect my capital (which is great and am fortunate) but I did not capitalise aggressively on opportunities that I was aware of. But for both Wall Street and Main Street and for investors who have to be invested from … More Reviewing 2018, & what’s next?
‘We, the Chinese nation, after fifty years of sanguinary revolutions and five and a half years of sacrifice in the War of Resistance, have finally transformed the history of a hundred years of the Unequal Treaties of sorrow into a glorious record of the termination of the Unequal Treaties’ ~ Chiang Kai-Shek, January 1943 Somewhere … More Trade deal or no trade deal? It does not matter…