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 Bloo...

Thomas Lam
Independent Economist, Forecaster and Strategist

Another Way to Skin a Cat?

I introduce a new interpolated monthly US real GDP series extending back to 1947, thus offering an alternative nowcast of current economic activity.

Thomas Lam

The Next Four Years...

Let the debate on the prospect of “Winter is Coming” or/and “A Golden Age” under "Trumpism" commence as 2024 winds down.

Thomas Lam

Macklem, Orr, Gongsheng, Ueda, Bailey, Powell, Lagarde, Nabiullina and MDIN

The MDIN, which synthesizes DM and EM central bank policy dispersion, offers insights into worldwide interest rate policy cycles.

Thomas Lam

Words Speak Louder Than Actions?

The evolving communication challenges at the Federal Reserve can potentially dominate the magnitude of reduction in the funds rate.

Thomas Lam

Don't Shoot the Piano Player

The ongoing and emerging financial market intricacies, for better or worse, can potentially influence the unsettled Fed debate.

Thomas Lam