Since the pursuit of a nuclear deterrent makes it inevitable that the US and Israel will oppose Iran in the coming years, Iran must seize the initiative today. It cannot afford to assume that the Democratic Party will stay in…
In the monthly Daily Insights Survey we conducted over the past week, we asked about our readers’ views on tech stocks, the US economy in 2024, and China’s contribution to global growth. Regarding tech stocks, 44%…
When will the US also buckle under high rates? We expect a US recession to begin around mid-year. Stay defensive.
Following the release of the white paper yesterday, today we are sending you the inaugural issue of the MacroQuant Monthly, a report summarizing the output of our next-generation MacroQuant 2.0 model.
China’s official NBS PMI indicates that growth conditions remain sluggish. Although the composite index ticked up from 50.3 to 50.9, it is still barely in expansionary territory. Notably, the manufacturing PMI – which…
China’s industrial profits registered their second consecutive annual contraction last year, falling by 2.3% in 2023. The full year contraction comes despite a surge in industrial profits near year-end. Profit growth…
Middle East conflict, extreme US policy uncertainty, Chinese economic slowdown, US-Russian proxy war, and Asian military conflicts do not create a stable investment backdrop for 2024. Our top five “black swan” risks may be highly…