EM Equities: Inching out of the shadows
This paper discusses the macro factors in emerging markets that can drive a potential market rally once the Fed starts to cut and the U.S. dollar turns.
On the Minds of Investors
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This paper discusses the macro factors in emerging markets that can drive a potential market rally once the Fed starts to cut and the U.S. dollar turns.
This paper summarizes the key objectives set out in the government work report at China’s National People’s Congress, which were broadly in line with expectations.
With monetary policy still at the forefront of the macro landscape in 2024, investors are left wondering how the election might influence Fed policymakers.
Continued demand for AI technologies from mega-cap companies should benefit Asian exporters that are involved in the regional tech supply chains.
This paper, written by Tai Hui, discusses why Japanese equities should remain strong despite potential tightening in monetary policy. (5-minute read)
This paper, written by Meera Pandit and Jennifer Qiu, discusses how quality balance sheets and margins continue to support U.S. large caps in spite of favorable small cap valuations.
While recession risks in the US have receded, geopolitical risk, election risk and restrictive monetary policy all threaten the current rally.
This paper, written by Meera Pandit, Nimish Vyas and Stephanie Aliaga, discusses the 4Q23 U.S. earnings and what it means for the Magnificent 7 and the broader markets. (5-minute read)
This paper, written by Tai Hui and Jennifer Qiu, addresses the history of monetary easing and our expectations of Fed policy in 2024. (6-minute read)
This paper, written by Raisah Rasid, focuses on the potential opportunities in Asia fixed income on the back of a weakening dollar and inflation decelaration. (3-minute read)
International equities are likely to benefit this year from positive structural changes, a weaker dollar, and exciting governance changes.
This paper, written by Chaoping Zhu, discusses the recent Chinese economic data releases and the investment implications. (3-minute read)
Although investors may be tempted to invest based on who they think will win the election and how certain policies may be implemented, macro forces often dwarf policy agendas when it comes to sector performance.
This paper, written by Marcella Chow and Adrian Tong, discusses the outlook for Asia high dividend equities in 2024. (3-minute read)
Many investors wonder if they can tweak their existing exposures to be either more defensive against volatility or more opportunistic if certain sectors face future policy tailwinds.
This paper, written by Tai Hui, summarizes the factors that could trigger rate cuts and policy outlook with its investment implications. (3-minute read)
This paper, written by Tilmann Galler and Natasha May, discusses the outlook of small cap stocks and the investment implications. (3-minute read)
This paper, written by Chaoping Zhu and Marcella Chow, discusses the outlook of China and policy implications. (3-minute read)
This paper, written by Raisah Rasid and Adrian Tong, discusses the outlook for Asian assets in the current global yield environment. (3-minute read)
Coming into 2023, the rallying cry from the asset management community was “Bonds are Back! ”. There were several reasonable assumptions behind this call.
This paper, written by Tai Hui and Meera Pandit, summarizes the potential underlying market and policy implications of 2024 U.S. elections. (3-minute read)
This paper, written by Adrian Tong and Jennifer Qiu, summarizes the recent key central banks' decisions and their implication on asset allocation. (3-minute read)
This paper, written by Raisah Rasid and Adrian Tong, discusses the outlook for Asian assets in the current global yield environment. (3-minute read)
This paper, written by Marcella Chow and Adrian Tong, highlights the recent performance of Asia high dividend equities and the factors influencing its outlook with investment implications. (3-minute read)
This paper, written by Meera Pandit and Nimish Vyas, discusses our projections for the 3Q23 US earnings season and the investment implications. (3-minute read)
This paper, written by Tai Hui, discusses the factors driving oil prices and the Fed policy outlook. (3-minute read)
After well over a year of anxiously anticipating an economic recession, the U.S. economy continues to look sound. However, as we enter the “fall of worry” there are several risks on the horizon this autumn: impacts from the UAW strike, rising oil prices, the resumption of student loan payments, and the potential for a government shutdown.
This paper, written by Tai Hui, summarizes the latest round of central bank meetings and discusses outlook for U.S., UK and European economy with its investment implications. (3-minute read)
This paper, written by Adrian Tong, highlights the driving forces and outlook of oil, food and metal prices, with their implications on policy and growth. (3-minute read)
This paper, written by Jordan Jackson, discusses the outlook for inflation, Fed policy and real rates, as well as the investment implications.
This paper, written by Marcella Chow and Adrian Tong, addresses the key drivers and outlook of Asian domestic demand with its investment implications.
This paper, written by Jennifer Qiu and Adrian Tong, discusses the risks of corporate caution in the U.S. and the impact on the Asia tech sector.
2023 has seen more office conversion activity – while sometimes this can be easier said than done, it does suggest that there is an evolving opportunity in the office space for investors who can deploy additional capital.
This paper, written by Tai Hui, discusses China's property market, deflation risk and the investment implications.
This paper, written by Jordan Jackson, discusses the recent rise in U.S. 10-year Treasury yield and the investment implications.
This paper, written by Chaoping Zhu, Marcella Chow and Jennifer Qiu, discusses the recent China activity data and the investment implications.
This paper, written by Tai Hui, discusses the state of the U.S. economy and the investment implications on fixed income.
This paper, written by Kerry Craig, summarizes the previous highlights and upcoming outlook for central banks' meetings with investment implications.
This paper, written by Tai Hui, discusses the outlook for India equities and the investment implications.
This paper, written by Meera Pandit and Nimish Vyas, discusses the recent U.S. equity market performance, earnings outlook and the investment implications.
This paper, written by Chaoping Zhu, discusses the inflation outlook for China, policy expectations and the investment implications.
This paper, written by Kerry Craig, discusses the outlook for commercial real estate, the impact on the banking sector and the investment implications. (3-minute read)
This paper, written by Stephanie Aliaga, reviews the May U.S. CPI report and the investment implications.
This paper, written by Ian Hui, addresses our view for U.S. dollar and outlook on interest rate differentials with investment implications. (3-minute read)
This paper, written by Marcella Chow and Adrian Tong, discusses the outlook for global equity earnings and the investment implications. (3-minute read)
This paper, written by Tai Hui, discusses our rate expectations and the investment implications. (3-minute read)
This paper, written by Tai Hui, highlights the key drivers of Japanese equities and outlook of Japanese yen with investment implications. (3-minute read)
This paper, written by Adrian Tong and Jennifer Qiu, discusses the recent U.S. equity rally and the outlook for U.S. technology stocks. (3-minute read)
This paper, written by Tai Hui, discusses the expectations of global monetary policy in the 2H23 and the investment implications。 (3-minute read)
This paper, written by David Lebovitz and Nimish Vyas, discusses the 1Q23 U.S. corporate earnings and the investment implications. (3-minute read)
This paper, written by David Kelly, discusses the U.S. debt-ceiling issue and the investment implications. (3-minute read)
This paper, written by Marcella Chow, discusses the outlook for Asia fixed income and the investment implications. (3-minute read)
This paper, written by Jack Manley, discusses the new payment service FedNow and its implications on the U.S. dollar.
This paper, written by Chaoping, discusses the latest Chinese economic data and the investment implications.
This paper, written by Tai Hui, discusses the challenges to our key asset allocation views.
This paper, written by Kerry Craig and Marcella Chow, discusses the recent tightening of credit conditions, risk of a recession and the investment implications.
This paper, written by Tai Hui, discusses the recent bank failures and our expectations of the March FOMC meeting results.
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