Investment Strategy Insights

US population is ridiculously mobile ...

Interesting slide ...

Is the flow shifting ??

Bonds not hedging correction in stocks ...

Now there is another interesting dimension to think about!

Tariff 'diplomacy' is probably bad for Main St ...

Good call ... this approach does provide an incentive to defer investment, big ticket purchases and hiring ... all of which are essential to GDP growth ...

Tariff 'diplomacys is probably bad for Main St ...

Good call ... this approach does provide an incentive to defer investment, big ticket purchases and hiring ... all of which are essential to GDP growth ...

Better US CPI news but still ...

Shelter (housing cost) is the dragging anchor !!!

Credit signals are important ...

European growth turnaround...

Demographic shifts ...

Boomers are no longer the global driver they were ... time to think ahead about the next gens ...

European CPI ....

Nice article ...

https://on.ft.com/43EDiVA

Japan ...

Guess what's coming back ...

Reshoring will not be easy or happen quickly ...

Given this ...

Love this ...

Well I say that .. the reality is that if the US is 'engineering a recession' ... it will effect us all ...

It ain't just about the teaching and inference effect of AI ...

It's about the vast trove of even richer data that us asking it questions will create and how best to intermediate that new data 'channel' (and store it), as our friends in tech start to try to figure out how best to monetise it all ...

Bloomberg says ...

Anatole says ...

That's Anatole Kaletsky from Gavekal...

Jim says...

Lots of action in the rate outlook ...

Personally I see the moves coming out of Europe as a curve steepener but the reality is that Europe probably still needs a shot in the arm from the ECB to boost consumption and housing ... so IMHO the terminal rate in this cycle is somewhere in the 1.75% to

All Japan's boomers are now late-stage ...

Does that mean an epic shift from precautionary saving to discretionary spending ... or something else??

Savings that can be spent and/or invested in something other than sov bonds...

Great chart (and piece) from TSL ...

Loving the echoes of '97 ...