China’s economic revolution continues to be one of the defining stories of the 21st century.
This weekly update provides a snapshot of changes in the economy and markets and their implications for investors.
The food fight between the President and the Fed Chair could result in too much easing, and the expansion of valuations beyond sustainable levels. The other food fight: leveraged loan issuers vs buyers. Issuers are winning this fight hands down due.
The U.S. economy should slow but not stall in 2019 due to fading fiscal stimulus, higher interest rates and a lack of workers. Even as unemployment falls further, inflation should be relatively contained.
Michael went on a search for Democratic Socialism in the real world, and ended up halfway around the globe from where he began.
The paper discusses the opportunities and risks that institutions should consider when investing in China’s A-Share and private equity markets.
Michael shares his thoughts on the US China trade war, Mexico tariffs and the US immigration policy.
Themes and implications from the most recent Global Fixed Income, Currency & Commodities Investment Quarterly
WHILE MOST CORPORATIONS’ 10-K FILINGS WILL NOT BE AVAILABLE UNTIL LATE FEBRUARY, WE ANALYZED PRELIMINARY DATA ON PENSION PLANS THAT HAVE FISCAL YEAR ENDS BETWEEN JUNE 30, 2018 AND OCTOBER 31, 2018.
Michael discusses US-China trade war in context, the outlook for prescription drug price legislation, and an updated ideological scorecard for 2020 Presidential candidates.