Asian Hedge Fund Manager, Long Short Equity, Macro

David Mudd

Asian Hedge Fund manager based in HK/SG with over 20 years of experience managing Asian Long/Short Equity funds. Macroeconomic top-down analysis generates thematic investments that are further researched from the bottom-up. Research is supplemented with advanced technical analysis. 
Previous experience includes M&A with Morgan Stanley and CPA with Deloitte in NYC. Wharton MBA.

Outlook 2026: THE BIG IDEAS TO NAVIGATE MARKETS

US: Inflation Is Dead, Long Live Inflation!

US Market: WALK TO THE EXIT NOW BEFORE EVERYONE STARTS RUNNING!

2026 High Conviction Idea: Our Basket of Commodity Equities Will Outperform Broad Equity Indices # 2

2026 High Conviction Idea: Our Basket of Commodity Equities Will Outperform Broad Equity Indices

Cross Asset Strategy

<ul>
<li>The U.S. market will experience increased turbulence in 2026 as the Federal Reserve continues to ease monetary policy and inflationary pressures intensify.  Speculative market sectors are already under pressure.</li>
<li>There is a disconnect between the Administration's claims about lowering prices and consumers' concerns about affordability.  The disconnect is driven by inaccurate BLS inflation numbers that are greatly understated.</li>
<li>The FOMC shows a historic split in the course of Fed actions through 2026, which will continue to unsettle markets regardless of who the next Fed Chairman is.</li>
</ul>


The U.S. market will experience increased turbulence in 2026 as the Federal Reserve continues to ease monetary policy and inflationary pressures intensify.  Speculative market sectors are already under pressure.
There is a disconnect between the Administration's claims about lowering prices and consumers' concerns about affordability.  The disconnect is driven by inaccurate BLS inflation numbers that are greatly understated.
The FOMC shows a historic split in the course of Fed actions through 2026, which will continue to unsettle markets regardless of who the next Fed Chairman is.


US: Economic Policy Goes on the Naughty List in 2025