It’s not the coronavirus but our fear-driven response to it which will have devastating long-term consequences.
MACRO
Coronavirus Update
Could the counterintuitive effect of coronavirus be to spark a period of sustained outperformance by Chinese assets?
MACRO
The Coronavirus Trade
The novel coronavirus will weigh disproportionately on Thailand’s economy.
MACRO
Coronavirus Update
What we know about the coronavirus will inflect positively and support a continuation of the risk rally.
ECONOMY
The Great Lockdown
The cumulative loss to global GDP from the pandemic could be around $9 trillion.
ECONOMY
America’s Reopening
A tiny number of counties account for most of US GDP and the large number of Covid-19 cases.
MACRO
The Rip-Roaring Twenties
The insight from financial history is that we’ve endured the “displacement” and are only now entering the “boom.” The “mania” phase lies well ahead.
ECONOMY
Where Work Happens
Working from home is a new way of life in which we no longer worship at the altar of the office for self-worth. Remote work is here to stay. Buy Zoom.
MACRO
The pandemic won’t end
It will take years, rather than months, of a dismaying cycle in which cases subside and surge before we achieve global immunity, even after inoculation.
