Asian Economist

Kok Peng Chan

Kok Peng has over three decades of experience covering the global economy and financial markets. He spent the bulk of his career in top global investment banks where he covered the Asian economies and stockmarkets. During this period, he travelled extensively to meet clients that cut across business lines. They include fund managers, hedge fund managers, private banking clients, corporates, and fixed income investors in the US, Europe, Japan, Singapore, Hong Kong and Australia. He is well liked by clients because of his commitment to a consistent framework and the ability to explain economic and financial developments with actionable investment recommendations. As a result he was ranked among top 3 economists in many surveys and polls conducted by financial magazines.

De-Dollarisation Debate : Unmasking USD Over-Valuation

Geopolitics: Don’t Fall for the BRICS Hype

Assessing Trump’s Shock and Awe Move in Apr 2025

Macroeconomics

<ul>
<li>Investor concerns have shifted from Trump's tariff tantrum to turbulence in the US treasury market. This does not spell the end of the bull market.</li>
<li>While headlines scream about the CBO projection of a sharp jump in US public debt, the high yield market remains calm. Investors should decide who to follow.</li>
<li>Bond vigilantes may be active right now but the Fed retains the ability and the precedent to stabilise the market if needed.</li>
</ul>


Investor concerns have shifted from Trump's tariff tantrum to turbulence in the US treasury market. This does not spell the end of the bull market.
While headlines scream about the CBO projection of a sharp jump in US public debt, the high yield market remains calm. Investors should decide who to follow.
Bond vigilantes may be active right now but the Fed retains the ability and the precedent to stabilise the market if needed.


From Tariff Tantrum to Treasury Turbulence