It’s not the coronavirus but our fear-driven response to it which will have devastating long-term consequences.
MACRO
Coronavirus Update
Could the counterintuitive effect of coronavirus be to spark a period of sustained outperformance by Chinese assets?
MACRO
The Rise and Fall of Empires
It would be a mistake to bet America’s future will be like its glorious past.
MACRO
The Coronavirus Trade
The novel coronavirus will weigh disproportionately on Thailand’s economy.
MACRO
Coronavirus Update
What we know about the coronavirus will inflect positively and support a continuation of the risk rally.
ECONOMY
The Great Lockdown
The cumulative loss to global GDP from the pandemic could be around $9 trillion.
ECONOMY
America’s Reopening
A tiny number of counties account for most of US GDP and the large number of Covid-19 cases.
ECONOMY
Where are the Millennials’ homes?
The virus has pulled millions of people back into the homebuying market to look for a home for their families and remote work needs. With inadequate supply, a new construction boom is unfolding.
POLITICS
What’s everyone getting wrong about the US election?
If this year has taught us anything, it is to count on the unexpected. Should we not at least consider how the consensus could be wrong on November 3?
MACRO
Themes for the Next Decade
Five major themes will underpin the “twenties”: balanced multipolarity, generational conflict, China’s introspection, atoms over bits, and climate change as an investment thesis.
MACRO
The Rip-Roaring Twenties
The insight from financial history is that we’ve endured the “displacement” and are only now entering the “boom.” The “mania” phase lies well ahead.
