Search Results

Sort by:
items per page
Found 12375 Results
The Changing Politics Of Germany’s Debt Brake
Cedric Gemehl / Gavekal Research | 21 Nov 2024
Lock
The chance of Germany moving toward reforming its debt brake rose last week as Friedrich Merz, the head of the CDU and the man most likely to be Germany’s next chancellor, opened the door to reforming Germany’s spend-averse debt brake mechanism. The question is whether the impending election produces a political result allowing for a change in the constitutionally-mandated cap on deficit spending.
View
Schumpeter Was Right
Didier Darcet / Gavekal-IS | 21 Nov 2024
Lock
From the birth of stars and planets to the rise of life itself, a drive for greater efficiency has shaped the universe, says Didier. But the same force that builds also destroys. In this piece, he relates the effort to create a universal law of nature to investing—and to the idea of markets reaching a critical tipping point.
View
The Winners In Import Substitution
Tilly Zhang / Gavekal Dragonomics | 21 Nov 2024
Lock
China’s industrial policy is firmly focused on import substitution, and in a wide range of manufacturing sectors, that is indeed happening. Tilly examines four examples of successful import substitution to argue that Chinese firms are generally skilled at replicating existing technologies, achieving economies of scale and improving products over time.
View
The Sword Or The Shield?
Louis-Vincent Gave / Gavekal Research | 20 Nov 2024
Lock
In today’s Daily, Charles considered which protagonist would be hardest hit should the United States launch a trade war against China. In this piece, Louis picks up the same theme and asks whether the Chinese response to such an action would be defensive, or perhaps offensive.
View
Blocus Continental
Charles Gave / Gavekal Research | 20 Nov 2024
Lock
Teddy Roosevelt used to say that the art of diplomacy was to speak softly and carry a very big stick. In recent years, it seems that the US has been speaking loudly, while carrying a very small stick. Charles points out that trade, industrial prowess and economic power has been shifting East, and it it will end badly for the US if it ends up penalizing China for being too competitive.
View
A Disinflationary Energy Policy
Tan Kai Xian / Gavekal Research | 19 Nov 2024
Lock
Among Donald Trump’s cabinet picks, the choice of a hydraulic fracking executive to head the Energy Department may be the least surprising. The US president-elect ran on a promise to favor hydrocarbon energy sources and Chris Wright seems set to deliver on that. Kai Xian weighs the outlook for equities, commodities and electricity prices going forward.
View
The Hong Kong-China Performance Divergence
Louis-Vincent Gave / Gavekal Research | 18 Nov 2024
Lock
While Chinese firms listed in Hong Kong and New York have seen their value melt away faster than morals at a bachelor party, mainland-listed stocks look to be brushing off the US election results, even after an apparently disappointing recent stimulus announcement by Chinese policymakers. Louis proposes several explanations for this divergence.
View
Household Sentiment Picks Up
Wei He, Dragonomics Team / Gavekal Dragonomics | 17 Nov 2024
Lock
China’s economic indicators for October showed households turning more optimistic, with both property sales and retail activity improving. Wei and the Dragonomics team argue that the question now is whether this nascent improvement in households’ willingness to spend will be sustained.
View
Conversation: EM Winners And Losers Under Trump
Tom Miller, Udith Sikand / Gavekal Research | 15 Nov 2024
Lock
A week after Donald Trump’s landslide election victory, his team is starting to take shape. Tom and Udith examine which emerging markets are likely to be the biggest winners and losers over the next four years.
View
Why China Should Not Stimulate
Charles Gave / Gavekal Research | 15 Nov 2024
Lock
Clearly investors are disappointed at the lack of actual stimulus in the fiscal stimulus package announced by China last Friday. This disappointment is small surprise, given that it seems absolutely everyone is convinced that the Chinese government really should do “something” to ensure the economy’s “recovery.” Charles, however, thinks the Chinese government should do nothing. Read the report and see the chart here.
View
items per page
  1. « First
  2. <
  3. 1
  4. 2
  5. 3
  6. 4
  7. 5
  8. …
  9. >
  10. Last »