I'm starting a monthly series where I share interesting things I've come across (articles, podcasts, reports, recent travels, etc.) with brief summaries for your reading pleasure. Articles I'm reading Dan Wang (of Gavekal fame) was interviewed by Noah Smith in this piece and it's a very astute take of today's China. Source: Noahpinion Dan is … Continue reading Monthly Musings
Trade Deal? The Chinese may not fold yet
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 … Continue reading Trade Deal? The Chinese may not fold yet
These reasons are getting me interested in the energy sector
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 … Continue reading These reasons are getting me interested in the energy sector
Reviewing 2018, & what’s next?
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 … Continue reading Reviewing 2018, & what’s next?
Trade deal or no trade deal? It does not matter…
'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 … Continue reading Trade deal or no trade deal? It does not matter…
Weekly Observations: Central Bankers as Gamemasters
An excerpt from a week's journal: 20 August 2018: Observations & Thoughts Today was generally a risk-on environment, with Chinese equity indexes leading the way in Asia Pacific (Japan and South Korea lagged). Indian equities continued to climb higher. The Yuan has also somewhat stabilised and has strengthened against the USD since last week. Chinese … Continue reading Weekly Observations: Central Bankers as Gamemasters
An excerpt from a week's journal: Weekend 4 - 5 August 2018: Observations & Thoughts What a crazy week of a series of risk-off days. It’s time to reassess the macro liquidity landscape: US high yield bond credit spreads remain under control and are still relatively tight: The Chicago Fed’s ANFC Index is still at … Continue reading Weekly Observations
A Great Podcast not to be missed
Swiss investor Felix Zulauf is a pioneer among global finance. He joint the industry before Wall Street became 'Wall Street'. He anticipated the great equity bull market in the early 1980s, made a killing for his clients during the infamous 1987 market crash, and foresaw the Asian Financial Crisis back in the 1990s. How brilliant … Continue reading A Great Podcast not to be missed
Playing China’s ‘One Belt, One Road’!
The Ancient Silk Road was known to be the stuff of legends, inspiring many of our ancestors back in those days enthralled by adventure and mystery. The famous Venetian merchant Marco Polo recorded his journey across Asia through this ancient travel and trade route, which for centuries, have allowed merchants, traders, travellers, missionaries and diplomats … Continue reading Playing China’s ‘One Belt, One Road’!
2nd Quarter 2017 Review & Strategy for 2H 2017
The first half of 2017 is over, and my book remained almost unchanged from the end of 1Q 2017 to the end of June. I maintain my defensive stance, risking one-third of my usual sizing for any new positions and also gunning for lowly-correlated positions in terms of price structure as well as fundamental logic. … Continue reading 2nd Quarter 2017 Review & Strategy for 2H 2017