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.

US Dollar Outlook: Underpinned by Potential Central Bank Divergence and Robust Corporate Performance

US Treasury Market Questions Fed's Prospective Policy Path

Supportive Backdrop for US Equities, but the Events of 2000 Pose a Warning Against Complacency

Macroeconomics

iShares 20+ Year Treasury Bond ETF (TLT US)

<ul>
<li>Investors should not focus solely on the $38t in US public debt as it a headline figure over-reported and under- analysed</li>
<li>Fears of using short-term debt as the main source of financing debt is misplaced. They are rolled over and do not 'add' to new debt unless deficits expand </li>
<li>Teasury auction data does not show any signs of funding stress to date despite the widespread fears fanned by comments on Trump's fiscal policies</li>
</ul>


Investors should not focus solely on the $38t in US public debt as it a headline figure over-reported and under- analysed
Fears of using short-term debt as the main source of financing debt is misplaced. They are rolled over and do not 'add' to new debt unless deficits expand 
Teasury auction data does not show any signs of funding stress to date despite the widespread fears fanned by comments on Trump's fiscal policies


Understanding US Debt Dynamics - Dissecting the $38t Debt