Cross-Asset Strategist & Quantitative Analyst, Pennock Idea Hub

Cam Hui

Cam Hui has been professionally involved in the financial markets since 1985 in a variety of roles, both as a quantitative equity portfolio manager and as a sell-side analyst. He graduated with a degree in Computer Science from the University of British Columbia in 1980 and obtained his CFA Charter in 1989.

Cross-Asset Strategist & Quantitative Analyst

Pennock Idea Hub

We are creators of independent equity research. The Pennock Idea Hub team are veterans of the investment industry. Much of our team has spent their careers at Merrill Lynch, Deutsche Bank, RBC Capital Markets and Wood Gundy. We have taken every aspect of research back to the studs and returned to first principles. The Pennock Idea Hub marries the interests of the sell and buy side. 

We offer the best research for institutional investors by:

-Only publishing research from veteran analysts
-Eliminate the inherent conflicts of the traditional sell and buy side relationship
-Ensure our team is always accessible; collaboration with clients nurtures our collective success

Cross-Asset & Quantitative Research

Thematic (Sector/Industry)

United states / Thematic (Sector/Industry)

<p>We have been warning about the possibility of weakness in Q2 in these pages. Recently, we are seeing more and more evidence of recession jitters come across our desk.</p><p>Dark clouds are appearing on the economic horizon. While they do not necessarily mean that a hurricane is ahead, investors have to be prepared for storm fears, and act accordingly. We reiterate our belief that any growth scare is likely to be temporary. There are few financial excesses in the U.S., if unwound, that are likely to plunge the American economy into recession, and most of the risks come from abroad. China is the main source of global concern, and it has already begun another stimulus program, and Beijing is going to pull out all stops to ensure the economy is not tanking ahead of its 70th anniversary of Mao’s revolution in October. Therefore, any growth jitters are likely to be ephemeral, and any resulting market weakness will only be corrective in nature.</p>

We have been warning about the possibility of weakness in Q2 in these pages. Recently, we are seeing more and more evidence of recession jitters come across our desk.Dark clouds are appearing on the economic horizon. While they do not necessarily mean that a hurricane is ahead, investors have to be prepared for storm fears, and act accordingly. We reiterate our belief that any growth scare is likely to be temporary. There are few financial excesses in the U.S., if unwound, that are likely to plunge the American economy into recession, and most of the risks come from abroad. China is the main source of global concern, and it has already begun another stimulus program, and Beijing is going to pull out all stops to ensure the economy is not tanking ahead of its 70th anniversary of Mao’s revolution in October. Therefore, any growth jitters are likely to be ephemeral, and any resulting market weakness will only be corrective in nature.

Recession Jitters: The New Fashion?