The Chinese Connection

The Chinese Connection

Asia is complicated. You might have noticed. China is in the headlines a lot lately, for good reason. But anyone who views the current set of issues as short-term and requiring the usual “kick the can” treatment is missing a lot. We have been “kicking the can down the...
Trade, Interest Rates, and Investment Discipline

Trade, Interest Rates, and Investment Discipline

I dreamed a thousand new paths…I woke and walked my old one – Chinese proverb[i] The last week has seen the biggest drop of the year in global equities as two main macro drivers of equity prices for the past two years – trade disputes with China and Federal...
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