Asia: Coping With Trump, China, and the Fed

2 November 2017 Despite the flare up of dangerous geopolitical risks, Asian assets have performed exceptionally well in 2017.  Indeed, after years of underperformance, the 28% gain in Asian equity markets is twice that of the S&P500.  Likewise, shrugging off initial concerns after last year’s US election, most of the region’s currencies have appreciated handsomely [...]

President Trump: Lessons from Pittsburgh!

3 July 2017 In announcing his recent decision that America would withdraw from the Paris Climate Accord, President Trump rationalised this choice indicating he represented the citizens of Pittsburgh, not those of Paris.  His remarks, however, suggest the President perceives Pittsburgh as a heavily polluting city in industrial decline, requiring the government’s protection from the [...]