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    Gavekal Research

    Gold and Central Bank Reserves

    This document is part of our old archive. It was published on 2009-11-30.You can download it here: GKFiveCorners0911304.pdf

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    Gavekal Research

    The Third Decline of the US$

    This document is part of our old archive. It was published on 2009-11-30.You can download it here: GKFiveCorners0911307.pdf

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    Gavekal Research

    A Synchronized Global Recovery

    This document is part of our old archive. It was published on 2009-11-17.You can download it here: GKFiveCorners091117.pdf

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    Gavekal Research

    A Tale of Two Decades

    This document is part of our old archive. It was published on 2009-11-02.You can download it here: GKFiveCorners0911021.pdf

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    Gavekal Research

    A Very Unusual Phenomenon

    This document is part of our old archive. It was published on 2009-11-02.You can download it here: GKFiveCorners0911022.pdf

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    Gavekal Research

    On Controlling Velocity

    This document is part of our old archive. It was published on 2009-10-19.You can download it here: GKFiveCorners0910195.pdf

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    Gavekal Research

    Budget Deficits--Structural or Cyclical?

    This document is part of our old archive. It was published on 2009-10-19.You can download it here: GKFiveCorners0910196.pdf

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    Gavekal Research

    Must Read - The US Current Account Deficit - Part Deux

    This document is part of our old archive. It was published on 2009-10-07.You can download it here: GKAdHocComment091007.pdf

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    Gavekal Research

    Asia as the New 'Buy and Hold' Market?

    This document is part of our old archive. It was published on 2009-10-06.You can download it here: GKFiveCorners0910061.pdf

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    Gavekal Research

    MUST READ - What Are Central Banks Waiting For?

    This document is part of our old archive. It was published on 2009-10-05.You can download it here: GKAdHocComment0910051.pdf

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    Gavekal Research

    The US Current Account Deficit as a Solution

    This document is part of our old archive. It was published on 2009-09-08.You can download it here: GKFiveCorners0909087.pdf

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    Gavekal Research

    GaveKal Daily - Who is on the Other Side of the Narrowing US CA Deficit?

    This document is part of our old archive. It was published on 2009-09-08.You can download it here: GKDailyReport0909081.pdf

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    Gavekal Research

    Japan's History With 'Unnatural Rates'

    This document is part of our old archive. It was published on 2009-08-31.You can download it here: GKFiveCorners0908311.pdf

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    Gavekal Research

    A Bear Market for Indexation

    This document is part of our old archive. It was published on 2009-08-24.You can download it here: GKFiveCorners0908241.pdf

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    Gavekal Research

    Do We Really Need a New Bretton Woods?

    This document is part of our old archive. It was published on 2009-08-24.You can download it here: GKFiveCorners0908243.pdf

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    Gavekal Research

    Chronicle of a Death Foretold (Excel)

    This document is part of our old archive. It was published on 2009-08-11.You can download it here: ChronicleofaDeathForetold.xls

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    Gavekal Research

    Chronicle of a Death Foretold

    This document is part of our old archive. It was published on 2009-08-11.You can download it here: GKAdHocComment0908111.pdf

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    Gavekal Research

    The US Current Account and Trade-Weighted Dollar

    This document is part of our old archive. It was published on 2009-07-29.You can download it here: GKFiveCorners0907293.pdf

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    Gavekal Research

    Why Are Reserves Up and US CA Deficit Down?

    This document is part of our old archive. It was published on 2009-07-29.You can download it here: GKFiveCorners0907294.pdf

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    Gavekal Research

    A Barbell Strategy

    This document is part of our old archive. It was published on 2009-07-20.You can download it here: GKFiveCorners0907203.pdf

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    Gavekal Research

    A V-Shaped Recovery in Profits

    This document is part of our old archive. It was published on 2009-07-14.You can download it here: GKAdHocComment0907141.pdf

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    Gavekal Research

    Fed Funds and Bank Loans

    This document is part of our old archive. It was published on 2009-06-30.You can download it here: GKFiveCorners0906303.pdf

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    Gavekal Research

    On Sustainable Budgets

    This document is part of our old archive. It was published on 2009-06-17.You can download it here: GKFiveCorners0906172.pdf

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    Gavekal Research

    The Increasingly Convincing Recovery (and the 'Seven Deadly Sins' That Threaten it)

    This document is part of our old archive. It was published on 2009-06-01.You can download it here: GKFiveCorners0906012.pdf

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    Gavekal Research

    The Fatal Conceit at Work

    This document is part of our old archive. It was published on 2009-05-18.You can download it here: GKFiveCorners0905185.pdf

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    Gavekal Research

    A Strange Disconnect

    This document is part of our old archive. It was published on 2009-05-05.You can download it here: GKFiveCorners0905052.pdf

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    Gavekal Research

    An Unprecedented Surge in US Savings

    This document is part of our old archive. It was published on 2009-04-20.You can download it here: GKFiveCorners0904201.pdf

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    Gavekal Research

    Is Inflation Coming Back? (Parts 1 & 2)

    This document is part of our old archive. It was published on 2009-03-24.You can download it here: GKFiveCorners0903241.pdf

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    Gavekal Research

    The Return of Classical Asset Allocation

    This document is part of our old archive. It was published on 2009-03-10.You can download it here: GKBondMarkets090310.pdf

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    Gavekal Research

    On the Preference for Liquidity

    This document is part of our old archive. It was published on 2009-03-10.You can download it here: GKFinancials090310.pdf

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    Gavekal Research

    The Challenges We Face

    This document is part of our old archive. It was published on 2009-03-09.You can download it here: GKBondMarkets0903091.pdf

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    Gavekal Research

    Behind the Car Sector Carnage

    This document is part of our old archive. It was published on 2009-02-23.You can download it here: GKCapitalSpending090223.pdf

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    Gavekal Research

    The Death Knell of the Car Industry

    This document is part of our old archive. It was published on 2009-02-23.You can download it here: GKCapitalSpending0902231.pdf

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    Gavekal Research

    The Pound as a Leading Indicator

    This document is part of our old archive. It was published on 2009-02-09.You can download it here: GKEconomicGrowth090209.pdf

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    Gavekal Research

    Valuing the US Stock Market: A Long View

    This document is part of our old archive. It was published on 2009-02-09.You can download it here: GKBondMarkets0902091.pdf

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    Gavekal Research

    European Dislocations

    This document is part of our old archive. It was published on 2009-01-29.You can download it here: GKEconomicGrowth090129.pdf

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    Gavekal Research

    A Return to the Magical 5%

    This document is part of our old archive. It was published on 2009-01-09.You can download it here: GKBondMarkets090109.pdf

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    Gavekal Research

    A Very Important Turn

    This document is part of our old archive. It was published on 2009-01-09.You can download it here: GKBondMarkets0901091.pdf

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    Gavekal Research

    As Growth Recovers, Bonds Will Tank

    This document is part of our old archive. It was published on 2009-01-09.You can download it here: GKBondMarkets0901092.pdf

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    Gavekal Research

    A Known Unknown and Intellectual Speculation

    This document is part of our old archive. It was published on 2008-12-15.You can download it here: GKBondMarkets081215.pdf

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    Gavekal Research

    Quantitative Easing

    This document is part of our old archive. It was published on 2008-12-02.You can download it here: GKLiquidityGrowth081202.pdf

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    Gavekal Research

    Will Quantitative Easing Lead to Inflation?

    This document is part of our old archive. It was published on 2008-12-02.You can download it here: GKInflationDeflation081202.pdf

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    Gavekal Research

    Housing and Demographics

    This document is part of our old archive. It was published on 2008-12-02.You can download it here: GKFinancials081202.pdf

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    Gavekal Research

    The EMU Recession

    This document is part of our old archive. It was published on 2008-11-28.You can download it here: GKBondMarkets081128.pdf

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    Gavekal Research

    A Binary World

    This document is part of our old archive. It was published on 2008-11-17.You can download it here: GKEconomicGrowth081117.pdf

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    Gavekal Research

    The Good Is In the Bad

    This document is part of our old archive. It was published on 2008-11-17.You can download it here: GKBondMarkets081117.pdf

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    Gavekal Research

    The Greatest Threat to Macroeconomic Stability?

    This document is part of our old archive. It was published on 2008-11-17.You can download it here: GKBondMarkets0811171.pdf

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    Gavekal Research

    Obama's Recovery

    This document is part of our old archive. It was published on 2008-11-07.You can download it here: ObamasRecovery.pdf

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    Gavekal Research

    The Carry Trade Risk

    This document is part of our old archive. It was published on 2008-11-03.You can download it here: GKEquityMarkets081103.pdf

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    Gavekal Research

    Karl Popper and the Notion of Risk

    This document is part of our old archive. It was published on 2008-11-03.You can download it here: GKEconomicGrowth081103.pdf

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