Consumer
Global smartphone demand will likely find a bottom in 2024Q1 and rebound modestly between 2024Q2 and Q4. Competition in the global smartphone market will intensify. Chinese phone makers will gain market share from Apple and Samsung. Continue overweighting Taiwanese stocks, including tech, within the global equity benchmark.
Caution: Preliminary Releases Are Subject To Revision…
Inventory Cycles And Markets…
Our kinked Phillips curve framework predicted the immaculate disinflation of 2023. That same framework is now warning that the global economy is heading towards a recession in the second half of 2024.
Repairing Eurozone Confidence…
On Shifting Market Narratives…
Taiwanese Export Orders: Signal Or Noise…
Waiting For The Optimal Opportunity To Turn Defensive…
In Europe, The Magic Eight Dominate…
Will US Homebuilder Stocks Continue Outperforming…