Steel Storm. Steely Trading

China is widely blamed for the massive lay-offs in the industry worldwide and its competitors are imposing heavy dumping duties on its products.  How China handles that positioning will influence how protectionist the world becomes. published in the South China Morning Post.          Download article The US Department of Commerce is proposing…

HK Has Lost Its Cool

Competition barely exists in Hong Kong. The city has lost its edge by pandering to modernism and depending too much on mainland customers. In the SCMP: Hong Kong has lost its cool…  The main game is blame in Hong Kong these days. It is always someone else’s fault. Our problems are much more basic than…

Chair Yellen or Cher Janet. Life after interest rate rises

The markets are stressing about the fall in the oil price – who would have expected Brent at $37 even a year ago? But they are totally missing the most important commodity of all, and whose price has collapsed spectacularly.   The price of money has been almost nothing for nearly ten years but that…

The Economic Cost Of Traffic. Clogged Up Thinking.

Our city is becoming harder and harder to get around. There are solutions to the problem, but it needs the political will to find them. In the SCMP: Clogged-up thinking is not helping to solve traffic crisis  A free parking space in Statue Square for my parent’s antiquated Austin 1300 was getting hard to find…

Talking Turkey – the Year in Review, with a special guest…

Lunch with the Post – Santa’s views on 2016. On the naughty list: Janet Yellen for delaying rate rises and making us fret. On the nice list: the Greeks for bailing out… My lunch guest arrived at Noel’s Brasserie in Holly Wood Road, on a silent Varoufakis electric drone. A commotion erupted as a large…

Vital Signs. Flatlining World Economies – need Intensive Care

Relationship between growth and interest rates breaks down once rates fall below 2 per cent, and policymakers don’t have the cure published in South China Morning Post.  Flatlining vital signs are not good, download Doctors carry out triage on patients by checking the vital signs as to who can be saved or who can’t. Investors…

The ABC’s of Free Trade. The Treaties that Tie.

From the ‘Belt and Road’, to TPP, AIIB, and numerous others – an alphabet soup of geopolitical initiatives have kept Asian leaders busy travelling. The geopolitical initiative is having more comebacks than Frank Sinatra.   First up is “the Belt and Road” – of which the Belt is a proposed highway retracing the trading path of…

Markets Are Mostly Smooth – Until The Plunge

The real money is won or lost during brief periods of volatility but predicting the fault lines is not easy. Breaks in the Pattern are the vital signs for the markets. In the SCMP:  Markets are mostly a smooth ride…  Markets can be a little like the early days of air passenger flight; long periods of…

Markets that Never Sleep. Global connectivity.

Round-the-clock trading on a few big exchanges is inevitable – and Hong Kong could be a hub. in the SCMP : Markets that never sleep, download. The last month saw a surge of buying on our stock markets. The Shanghai Composite Index is creeping towards what the market defines as a bull market, being 20%…

Global debt is a problem we can no longer ignore

published in South China Morning Post ,4th November 2015 Global debt is a problem we can no longer ignore    We have managed to get through the shark tank of the month of October this year with nary a scratch – a month that often sees Black days, as the markets sell off to excise…