PBOC RRR Cut in Perspective.
The PBOC announced on Sunday it would cut the RRR by another 50 bps. By their estimates this provides roughly 500 billion RMB to big banks and 200...
222 Views
US China Trade War Update
Given the recent tariff implementation by the United States and China, we wanted to revisit our view of the trade war and how it may have changed....
297 Views
The Trade War Heats up and Assets Respond
In Money Matters: De-Globalisation and Asset Prices, I argued that financial and real assets had benefited enormously from the globalisation...
262 Views
Are Inputs Matching the Expected Construction and Real Estate Growth in China?
Given the growth in land and new starts we have seen, we believe it is possible that metals output will follow the real estate trend and increase...
183 Views
Trump's Upside-Down Trade Policy Wrecks Alliances & Makes US "Adversaries" Smile, but He Has a Point
Trump's idea that "trade wars are easy to win" is true only in one narrow sense: the US, having the economy with the largest trade deficit, has...
262 Views