Independent Economist, Forecaster and Strategist

Thomas Lam

Tom has over two decades of experience in the realm of economics and finance, with expertise ranging from covering the global economy, deciphering financial markets, including macro forecasting, to advising on investment strategy.

He commenced his career in New York, initially at a large money-center bank and then at a hedge fund.  Thereafter, while in Singapore, he worked at two financial institutions and later joined academia.  

Tom has been consistently ranked among the top five most accurate economists in the world on forecasting the US economy overall (placed third, last published by the “Bloomberg Rankings of Top Forecasters”).  During the Global Financial Crisis, he was also acknowledged as the second-best US forecaster worldwide.  

Moreover, he was exclusively identified by Bloomberg to have accurately predicted the onset of the 2009 US recovery 16 months ahead of the official announcement.  Consequently, he has been widely publicized as one of “Wall Street’s Most Prophetic Economists”.

Fed Snap (May 1 Meeting): Current & Future Takeaways

Financial Considerations Amid the Fed Debate

Fed Snap (Jan 31 Meeting): Current & Future Takeaways

Macroeconomics

<ul>
<li>Financial markets reacted partly to Chair Powell's presser and the updated projections  </li>
<li>The new median dot, while still anticipating three rate cuts in 2024, shows a somewhat shallower Fed easing path in 2025 and 2026</li>
<li>The current market implied odds, though fluid and unsettled, repriced aggressively following the March meeting</li>
</ul>


Financial markets reacted partly to Chair Powell's presser and the updated projections  
The new median dot, while still anticipating three rate cuts in 2024, shows a somewhat shallower Fed easing path in 2025 and 2026
The current market implied odds, though fluid and unsettled, repriced aggressively following the March meeting


Fed Snap (March 20 Meeting): Current & Future Takeaways