While some might view the latest ‘postponement’ of Brexit as another example of can kicking in reality, it materially changes…
Posts by Independent Strategy
This report discusses what strategy would look like if the US dollar were suddenly to lose its safe-haven status. This…
The length of a cycle does not necessarily condemn it. Indeed, the recent trend in developed markets has been towards…
The trade negotiations in Washington are unlikely to shift the needle of global confidence or impending recession significantly. The Washington…
If debt were productive it would produce more than itself. This is what is needed to pay for it in…
The ongoing slump in German industrial activity isn’t likely to end soon. Many of the problems are structural and result…
Boris Johnson’s Brexit proposal is ‘unlikely to work’
Network: CNBC
Australian policymakers are on the back foot. Domestic demand is caught between falling house prices and rising unemployment. Solid trade…
The old Hong Kong we knew will not return. The political social and economic model is dead. This makes Hong…
The ECB’s latest stimulus package seeks to address several problems and does so quite neatly. Banks win, thanks to tiering…
China will win the trade war
Network: CNBC
Despite dodging one hard Brexit bullet, the underlying picture for the UK hasn’t changed much. A further extension of Article…
Nothing in recent events has mellowed our views on the risks facing the global economy. The China/US trade conflict is…
Another ratchet up in the US-China trade war and the intensification of the Hong Kong protests mean that we would…
There have been a number of recent developments that impact our asset allocation. First, we are adding more euro shorts…
The state also was the key player in all the Asian emerging markets that graduated from middle-income to rich economy…
G20 bout resulted in no knock-out! We got a trade war truce, but we didn’t get any shift in the…
The world is closer to a recession than markets anticipate. This report sets out the many interlinked causal factors that…
The current boom in investment spending among the tech giants is now close to the entire Federal budget for education,…
The most dangerous fights are the ones where both contenders have total confidence they will win. The US-China trade spat…
