I have returned recently from a lovely Christmas holiday in the USA. Indeed, I'm happy to report that despite America's political turmoil and divisiveness, families can still celebrate together (with minor exceptions)!! Regarding the US financial market outlook, I was struck by the universal sense of optimism. The consensus is the bull market will widen [...]
Tag: china
COP 30: The Planet Doesn’t Do Politics
23 November 2025 The COP 30 summit in Belem Brasil now has concluded. Let's face it, progress on climate change has lost momentum. Not only has Potus 47 ditched America's Net Zero commitment, but leaders from key polluting nations China, India, Russia, and the USA did not attend the conference. In line with the 2015 [...]
Emerging Markets: Coping with Trump 2.0
2 November 2025 Potus 47 now has returned from his Asian visit: unsurprisingly using superlatives to describe the trade agreements reached with Japan, Korea, and China. Upon taking office, Mr. Trump pledged to impose high tariffs against countries with large bilateral trade imbalances, espcially those conducting "unfair" trade practices with the USA. Potus 47 now [...]
Trump 2.0: Tariffs, Trade, and the Dollar
25 September 2025 To be sure, financial markets have needed to react to a daily diet of consequential, and often quickly reversed, policy announcements during the early months of Trump 2.0. What has been consistent, however, has been the US dollar's depreciation: the greenback has fallen 10% this year. Indeed, many had expected the dollar [...]