Demob Delight, 1 Year On
Summary:
- This week’s Podcast: The Shifting Sands of Consumption
- China: Buy on the Dip?
- Bitcoin: Bubble or Anti-Bubble?
- Vaccine progress in the UK, US marches on
- Cash savings have built up sharply
- Loosening purse strings in US, UK
- Who are the consumption winners?
New Podcast: The Shifting Sands of Consumption
In today’s podcast, Edmund and Charlotte address the topic of consumption.
The Shifting Sands of Consumption
- In the wake of the Coronavirus, how have patterns of consumption changed?
- What is pent-up demand?
- Is responsible consumption a growing trend?
- What are Millennials interested in
China: Buy on the Dip?
Interested in Chinese stocks? You could do worse than to read this article by my Singapore- and Hong Kong-based colleagues Prashant and Grace on why Chinese stocks are still attractive for the long-term.
- This is a long overdue correction triggered by a spike in US yields, concerns over China tightening and increasing regulations on China techs.
- Cyclical and structural factors are in place to drive the uptrend of domestic A-shares, Hong Kong-listed China equities, and select quality tech companies. Weaknesses are good buying opportunities.
China Equity Markets: Not Time to Lose Faith
Bitcoin: Bubble or Anti-Bubble?
For those of you who are interested in bitcoin or other cryptocurrencies, you may be interested by a recent article I wrote on the subject...
Attractions: Bitcoin offers a number of attractions to investors, including impressive returns since creation, absence of any central controlling entity, & a potential store of value against severe inflation or currency depreciation.
Drawbacks: Extreme volatility, small overall market size, dominance of supply by a small number of bitcoin “whales”, pseudonymous nature makes proper Know Your Client and other financial regulation difficult to comply with, risk of permanent loss from loss of pass-words or from exchange hacks; heightened regulatory risk from central banks, financial regulators, potential state-sponsored competition from new national “stable-coin” digital currencies.
Regulatory warnings: US and UK financial regulators have recently issued clear warnings regarding retail investor investment in cryptocurrencies and related derivatives.
Focus instead on the “picks and shovels”: we believe that investors would do better to focus on industries and companies that can benefit from the emerging crypto-currency and block chain ecosystem – including semiconductors, cybersecurity and fintech/e-payments.
Bitcoin: Bubble or Anti-Bubble?
Vaccine progress to speed reopening in US, UK
Vaccine…
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