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”.

Rakuten Bank - In Japan With 65% Loan Growth

Macroeconomics

<ul>
<li>Financial markets zigzagged mostly as a result of Chair Powell, to a lesser extent the post-meeting statement </li>
<li>The current policy debate is centered on the duration of the prevailing pause and the timing of the eventual rate cut </li>
<li>The latest market pricing for dialing back policy over the next three meetings is less than or roughly a coin-flip </li>
</ul>


Financial markets zigzagged mostly as a result of Chair Powell, to a lesser extent the post-meeting statement 
The current policy debate is centered on the duration of the prevailing pause and the timing of the eventual rate cut 
The latest market pricing for dialing back policy over the next three meetings is less than or roughly a coin-flip 


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