Founder, Market Thinker

Mark Tinker

Mark Tinker has over 35 years experience as an investor, market strategist and economist. Having spent more than 20 years as a sell side strategist and being top rated on numerous occasions and surveys he moved to investment management in 2006 to run global equity portfolios in London and subsequently moved to Hong Kong in 2013 to help establish an Investment Management business for a top 20 international asset manager. He first started writing investment weeklies for his employers in 1989, developing a style characterised under the title Market Thinking and has been a regular commentator and presenter on CNBC, Bloomberg and other business channels, where his approach of rationalising market behaviour rather than making short term predictions on high frequency market data provides a welcome balance to his client audience.

Founder

Market Thinker

Making Sense of the Narrative

Macroeconomics

South korea & United states / Macroeconomics

<ul><li>July was a month of market mean reversion; stocks that were up more than 100% in the first half, fell back an average of 25% in July, while stocks that were down more than 50% rallied by an average of 11%.</li><li>In most cases, this still left the longer term themes intact, but for those who live and die by monthly returns it is fair to say it was a tough month.</li><li>The biggest hits came in the crowded tech hardware stocks, where we discovered at the end of the month one particularly large and heavily leveraged fund was forced into a dramatic unwind.</li></ul>

July was a month of market mean reversion; stocks that were up more than 100% in the first half, fell back an average of 25% in July, while stocks that were down more than 50% rallied by an average of 11%.In most cases, this still left the longer term themes intact, but for those who live and die by monthly returns it is fair to say it was a tough month.The biggest hits came in the crowded tech hardware stocks, where we discovered at the end of the month one particularly large and heavily leveraged fund was forced into a dramatic unwind.

Thanks for the Memory..