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Independent Strategy adds value to its clients by seeking out investment themes and opportunities in Macro Investments, often challenging conventional wisdom.

Too often investment research is constrained by the narrow focus of the research provider, but we seek to create a cohesive global view. We are compact and flexible enough to respond quickly to an ever-changing investment scene.

The research is designed to benefit both short-term and longer-term strategic thinking. It carefully studies geo-political and economic events, while looking for breaks in historical trends to uncover investment opportunities.

RESEARCH

We produce 60-70 reports a year on investment strategy, dealing with multiple investment topics. The scope of the research is global.

PORTFOLIO ADVISORY

After due consultation with the client, we devise a dedicated investment benchmark and country allocation policy for a portfolio of assets.

ALTERNATIVE INVESTMENTS

Alternative investments are becoming an increasingly important part of institutional investors’ portfolios.

Latest Reports

14/04/24
Global Global

Israel & Iran – the proxy veil is rent

The attack rents the veil of proxy war between Israel & Iran. The gloves are off! The Proxy veil of…

31/03/24
Japan Japan

Japan and the Yen – beware of the idle days in April

We are close to the point when the Japanese authorities will intervene to stop the Yen’s downward spiral. Do not…

22/03/24
US US

FOMC – Mirabile Dictu

The Fed (FOMC) believes it can get to its inflation target without sacrificing growth. I do too. But that means…

Global

14th April, 2024 » Israel & Iran – the proxy veil is rent

The attack rents the veil of proxy war between Israel & Iran. The gloves are off!

The Proxy veil of war between Israel & Iran is rent by Iran’s attack on Israel. The attack is serious escalation, even if relatively unsuccessful. Israel is done fighting Iranian proxies. Iran is now directly in the cross hairs.

Israeli retaliation is likely to be limited to targets like Islamic Revolutionary Guards (IRGC) assets and avoid attacking Iran’s nuclear facilities or its energy production infrastructure. A simultaneous full-blown Israeli attack on Hezbollah cannot be ruled out but may stretch Israel’s air assets that are needed to retaliate directly on Iran.

Risks of contagion if Iran’s nuclear or economic (oil) assets are targeted include further escalation of Middle East war and closure of Straits of Hormuz.

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Japan

31st March, 2024 » Japan and the Yen – beware of the idle days in April

We are close to the point when the Japanese authorities will intervene to stop the Yen’s downward spiral. Do not be short. Be long and short JGBs.

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US

22nd March, 2024 » FOMC – Mirabile Dictu

The Fed (FOMC) believes it can get to its inflation target without sacrificing growth. I do too. But that means the neutral rate (r*) is 3.5% or higher. The dots do not show that. But the FOMC is going to have to debate that issue instead of ignoring it. Its own economists and a raft of academics will force the issue.

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Independent means just that

Objective + Innovative + Opportunity

Our research is based on a thoroughly objective view of the world as it is, not as some might like it to be seen.

Our work is characterised by independence of thought and a determination to focus only on money making ideas, resulting in a totally fresh and original approach compared with the overwhelming volume of reports by integrated investment houses.

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In the Media

25 years of Strategic Independence|Regulated and authorised by the Financial Conduct Authority

AWARD WINNING, EXPERIENCED, DEDICATED EXPERTISE

MEET THE TEAM

Independent Strategy: David Roche David Roche President and Global Strategist
Independent Strategy: Guido Manca Guido Manca Chief Executive Officer
Independent Strategy: John Armstrong John Armstrong Managing Director
Independent Strategy: James Lister-Cheese James Lister-Cheese Strategist and Director
Independent Strategy: Bob McKee Bob McKee Consultant Economist

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REPORTS ARCHIVE

The reports archive contains chronological lists of articles that have been written by Independent Strategy. Independent Strategy’s research is available by annual subscription. For details of subscription rates and soft dollar payments, please contact Independent Strategy by using the contact form.

REPORTS ARCHIVE