Mar 103 minFund ManagementUnhinged An common expression that winds me up with reference to markets is “uncertainty” – markets are always uncertain by definition because human
Oct 12, 20213 minGlobal MarketsAsia Bond BlurbChina HY property low beta names tumbled 3pts yesterday, high beta names such as Kaisa were anywhere from 4pts to 8pts lower following...
Oct 12, 20211 minGlobal MarketsConduit Volatility Snapshot*Score is the sum of the 1-5 ranking of the parameter in this universe of equities (min 4, max 20) AC = % upside to Analyst Consensus...
Oct 9, 20216 minFund ManagementThe Shortage Economy & Correlated BeliefsAn important element of our process is having a sense of the prevailing bias or consensus beliefs. That is particularly important when it...
Oct 4, 20216 minFund ManagementThe Cluster.... of Net ZeroAs one astute Italian observer put it “the arithmetic of energy is pretty straightforward. Resources are depleting fast, as the easier...
Oct 3, 20214 minGlobal MarketsConduit Bond Snapshot - 04 Oct 2021Today's Market Snapshot from Conduit Securities Pte Ltd. Commentary The bond market is stressing over the Evergrande’s US$ bonds, which...
Sep 28, 20213 minGlobal MarketsHow Deep is your Dove?As we suspected the Jerome Powell’s Jackson Hole speech was not a watershed event. The Fed Chairman broke little new ground,...
Sep 20, 20215 minWealth ManagementChina & Systemic RiskMost crises throughout history have been caused or exacerbated by a build up of excess credit. When the economic history books are...
Sep 17, 20215 minWealth ManagementFighting the Tape(r)Summary 1: Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua....