Theme – Making Money During China’s Demographic Decline – March 21, 2023


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Theme – Making Money During China’s Demographic Decline – March 21, 2023
 · Emerging Markets · Themes · 

China’s official population count for 2022 was published in January and showed 9.6m births, outweighed by 10.4m deaths.



 

Emerging Markets Foreign Exchange – Better Growth Supports EM Currency Appreciation – March 16, 2023
 · Emerging Markets · Foreign Exchange · 

We continue to see good odds of improving global growth conditions this year, with a reopening in China now gaining momentum…



 

Weekly Macro Strategy – A Widening Gap: Deleveraged Versus Weak Link Economies – March 10, 2023
 · Weekly Macro Strategy · 

The risk-on phase seems likely to persist for as long as DM long-term bond markets are relatively calm, because recently only the short-end of the curve has reacted to rising policy rate expectations.



 

China – Surveys Show Recovery, Hard Data Will Follow – March 9, 2023
 · Emerging Markets · 

“Soft” data from surveys are showing China’s robust recovery is underway, but the usual seasonal distortions in hard data make it difficult to calibrate the implications for overall economic momentum for the time being.



 

Webcast – Fed Whipsaw – (11min:07sec) – March 8, 2023
Webcasts & Webinars · 

In this week’s Webcast, global strategist Peter Perkins discusses the outlook for capital markets over the next 6-12 months and MRB’s recommended asset allocation.



 

Global Foreign Exchange – A Different Year For The U.S. Dollar – March 7, 2023
 · Foreign Exchange · 

The U.S dollar decline has stabilized as of late on the back of a further rise in U.S. interest rates compared to other markets and related risk-off phase.



 

Asset Allocation Strategy – Bonds Hold The Whip Hand – March 3, 2023
 · Asset Allocation · 

The global economy may be firming, but good economic news is now bad news for bonds, and in turn, risk assets.



 

Foreign Exchange – Gold Or Cryptos: Which One Is More Appealing? – February 21, 2023
 · Foreign Exchange · 

The pause in bond yields late last year encouraged global equity investors to embrace risk-on across the board…



 

Weekly Macro Strategy – Markets Are Still Betting On 2% Inflation – February 17, 2023
 · Weekly Macro Strategy · 

The tactical risk-on phase should persist until DM government bond yields break out on the upside.



 

Webcast – Profiting From Understanding The Cycle – (7min:42sec) – February 14, 2023
Webcasts & Webinars · 

In this Webcast Phillip Colmar focuses on the economic and investment cycles.



 

Weekly Macro Strategy – Does The Fed Really, Really Mean It? – February 10, 2023
 · Weekly Macro Strategy · 

Global growth will improve, particularly in the euro area and Asia.



 

Absolute Return Strategy – Investors Misinterpret The Cycle Yet Again – February 10, 2023
Absolute Return ·  · 

Investors are now progressively capitulating to our more upbeat macro view, which has provided a boost for risk assets.



 

Foreign Exchange – Euro: Digesting Its Early Gains – February 10, 2023
Foreign Exchange · 

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Theme – Investors Misinterpret The Cycle Yet Again – February 10, 2023
Absolute Return ·  · Themes · 

 Add to Favorite Reports Investors are now progressively capitulating to our more upbeat macro view, which has… Continue



 

China – Services Rebound, Broader Consumption Should Follow – February 9, 2023
 · Emerging Markets · 

The traditional travel boom during the Lunar New Year holiday period took place in January…



 

Webcast – Heed Cyclical Realities – (11min:53sec) – February 7, 2023
Webcasts & Webinars · 

In this week’s Webcast, global strategist Peter Perkins discusses the investment outlook and MRB’s asset allocation recommendations for the next 6-12 months.



 

Asset Allocation Strategy – Risk-On, But It’s Late, Not Early Cycle – February 3, 2023
 · Asset Allocation · 

From 30,000 feet the investment landscape appears appealing.



 

Weekly Macro Strategy – Risk Assets Revel From An (Expected) Rate Pause – January 27, 2023
 · Weekly Macro Strategy · 

We remain positioned for a further period of risk-on, as headline inflation will steadily decelerate in the first half of 2023 and DM central banks will soon pause their rate hikes.



 

Korea – Export Recovery Papers The Cracks, For Now – January 26, 2023
 · Emerging Markets · 

Korea’s equity market massively underperformed emerging market peers (EM), leaving valuations at extremely attractive levels…



 

Track Record – MRB TradeBook Performance: 2022 Review – January 24, 2023
Absolute Return ·  · 

The objective of the MRB Absolute Return Strategy is to provide a steady stream of investment ideas, rather than be based purely on the track record.



 

Weekly Macro Strategy – Corporations Are Profitable And Still Want To Hire – January 20, 2023
 · Weekly Macro Strategy · 

We remain positioned for a further period of risk-on.



 

Weekly Macro Strategy – Enjoy It While It Lasts – January 13, 2023
 · Weekly Macro Strategy · 

The recent tactical risk-on phase should persist in the first part of 2023.



 

Emerging Markets Foreign Exchange – EM Will Break Free Of The Dollar’s Chokehold In 2023 – January 12, 2023
 · Emerging Markets · Foreign Exchange · 

The outbreak of the COVID-19 pandemic unleashed a dizzying array of global economic forces that have dominated the EM currency landscape.



 

Webcast – Don’t Worry, Be Happy? At Least For Now – (11min:23sec) – January 11, 2023
Webcasts & Webinars · 

In this week’s Webcast, global strategist Peter Perkins discusses MRB’s asset allocation recommendations and the outlook for investment strategy.



 

Asset Allocation Strategy – Navigating An Unusual Cycle – January 6, 2023
 · Asset Allocation · 

The economic, policy and capital markets landscape remains unusual by any historical standard, thereby complicating investment strategy.



 

China – Re-Opening Is Palpable, If Not Yet Measurable – January 5, 2023
 · Emerging Markets · 

High frequency data and anecdotal evidence suggest that Chinese workers and consumers are shaking off the tsunami of infections arising from the sudden abandonment of the COVID-zero policy.



 

Webcast – Investment Strategy For 2023 – (9min:20sec) – January 3, 2023
Webcasts & Webinars · 

In this Webcast Phillip Colmar focuses on the key portfolio tilts that we recommend in 2023.



 

Weekly Macro Strategy – Losing The Last Global Bond Yield Anchor – December 23, 2022
 · Weekly Macro Strategy · 

Keep tight stops on risk-on positions, as DM government bond markets have become less supportive of late.



 

Absolute Return Strategy – Positioning For 2023 – December 22, 2022
Absolute Return ·  · 

For much of 2022, global portfolios were confronted with the lethal combination of decisively weaker global economic growth



 

Webinar – Best Ideas For 2023 – (77min:03sec) – December 14, 2022
Webcasts & Webinars · 

MRB’s senior research team provide a series of high-conviction and non-consensus ideas for setting investment strategy in 2023.