Macro Dragon Special S1E1 - Initial Thoughts...
This is the first of a series of Macro Dragon Specials that will come through over the year - in this first series we will attempt to capture KVPs current thoughts on global macro and cross-assets over 2020, current outlook and assumptions, current strategic positioning views, risks, hedges and contingency plans... as well as what seems to be consensus vs what the market does not seem to be focusing on. Note these are very different from the daily Macro Dragon cross-asset views
Equity presentation January 2020
In this equity presentation we talk about recent developments in financial markets and the economy. We also take a look at our new climate basket to play the major climate theme.
Macro Dragon: Touching Base - Coronavirus, BoC + ECB, Synthetic Fridays & Happy Chinese New Year
Macro Dragon = Daily Cross-Asset Global Views
Its ECB Thursday today, as well as synthetic Friday for the Macro Dragon given next week is Chinese New Years in the region, with Mon also being a hol in SG. Most important for this wk will be tmr's flash PMIs which will either confirm that PMIs continue to trend up from the lows of last year, are consolidating, or potentially reversing lower. Remember we also have a BoE that is likely to cut (unless we get blowout bullish econ numebrs from the UK on Fri) next wk & a Fed that is likely on the sidelines. We also touch in on the latest in the coronavirus & the Wuhan lock-down.