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 (March 20 Meeting): Current & Future Takeaways

Charting Beyond the Sanguine Stock Market

Fed Snap (Dec 13 Meeting): Current & Future Takeaways

Macroeconomics

<ul>
<li>The announcement of slowing QT, while still on tap, will be pushed back relative to my earlier expectations</li>
<li>But the unsettled timing of ceasing QT and reducing the funds rate could still sway asset prices and financial conditions generally</li>
<li>The fluid debate on the balance sheet and funds rate might also reinforce or dilute the buildup of financial risks</li>
</ul>


The announcement of slowing QT, while still on tap, will be pushed back relative to my earlier expectations
But the unsettled timing of ceasing QT and reducing the funds rate could still sway asset prices and financial conditions generally
The fluid debate on the balance sheet and funds rate might also reinforce or dilute the buildup of financial risks


Financial Considerations Amid the Fed Debate