It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness, it was the epoch of belief, it was the epoch of incredulity, it was the season of Light, it was the season of Darkness, it was the spring of hope, itContinueContinue reading “A Tale of Two Cities”
Tag Archives: global cycle
Softer But Not Soft: 7 Top-of-mind Risks for 2024 and What to Do About It
It is only one month to go before 2023 official ended and the U.S. economy is turned out to be much more resilient than we previously thought at the beginning of the year. Consumer spending continues to be significantly above pre-pandemic trend, even after adjusting for inflation, and both unemployment rate and jobless claims remainContinueContinue reading “Softer But Not Soft: 7 Top-of-mind Risks for 2024 and What to Do About It”
The Big Picture: Economic Cycle and Market Mean-reversion
The structural decline in long-term yields since 1980 until the covid-19 pandemic had been accompanied by investors complaining that the search of attractive investment opportunities was becoming more difficult over time. The decline in borrowing cost also has a significant ramification for global investors, including boosting stock buyback amid lack of investment opportunities, breeding ofContinueContinue reading “The Big Picture: Economic Cycle and Market Mean-reversion”
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