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”.

Is the US Labor Market Signaling a Recession?

Macroeconomics

<ul>
<li>The July jobs figure, routine revisions to prior months and the abrupt removal of the BLS commissioner made headlines for various reasons</li>
<li>The data from the payroll or establishment survey seems to convey a more dour cyclical signal</li>
<li>But the overall US labor market information from various sources implies more intricate interactions at this time</li>
</ul>


The July jobs figure, routine revisions to prior months and the abrupt removal of the BLS commissioner made headlines for various reasons
The data from the payroll or establishment survey seems to convey a more dour cyclical signal
But the overall US labor market information from various sources implies more intricate interactions at this time


"Rigged" & "Scam"?