Letters From CIO - SingAlliance

CIO专栏

Letter No.124: Make America weaker.

2025-04-04

Letter No.123: How China is outsmarting the United States.

2025-03-20

Letter No.122: Tariffs. Trump against his European and Asian allies.

2025-03-12

Letter No.121: Tariffs. The United States against their subcontractors: Mexico and Canada.

2025-02-24

Letter No.120: Why are higher tariffs a bad policy for the United States?

2025-02-19

Letter No.119: Tensions over interest rates in United States, a risk for the markets.

2025-01-24

Letter No.118: Where does Russia stand after nearly 3 years of war?

2025-01-16

Letter No.117: Trump’s economic policy: between constraints and contradictions?

2024-12-20

Letter No.116: What can we make of the US stock market?

2024-12-12

Letter No.115: China or the thwarted dream of being the factory of the world.

2024-11-11

Letter No.114: Europe, the long-naive dream of an open world.

2024-11-04

Letter No.113: The United States or the impossible dream of autarky

2024-10-28

Letter No.112: What do we make of China’s stimulus measures?

2024-10-14

Letter No.111: What role for Europe in the Draghi report?

2024-09-30

Letter No.110: Is a global recession on the horizon?

2024-09-18

Letter No.109: The United States in the run-up to the elections?

2024-08-21

Letter No.108: What to make of the market downturn?

2024-08-12

Letter No.107: Financial market review and outlook for the first half of the year.

2024-07-17

Letter No.106: Six challenges of observed demographic change.

2024-07-05

Letter No.105: The ageing of the world population (2). Contrasting situations in the South.

2024-06-26

Letter No.104: The ageing of the world population (1). The example of developed countries.

2024-06-25

Letter No.103: Europe confronted with the American challenge.

2024-05-24

Letter No.102: Europe confronted with the challenge of China and populism.

2024-05-22

Letter No.101: China/United States, impossible divorce.

2024-04-25

Letter No.100: Should you invest in India, the world’s 4th largest stock market?

2024-04-17

Letter No.99: Towards an economic war, the sectors to avoid in the stock market.

2024-03-22

Letter No.98: Globalisation in failure?

2024-03-14

Letter No.97: The BRICS, ambition and limits.

2024-02-28

Letter No.96: What can we expect from the Chinese stock market?

2024-02-14

Letter No.95: The global economic outlook, the risk of misunderstanding.

2024-01-22

Letter No.94: A year under the sign of vigilance.

2024-01-11

Letter No.93: Why have stocks linked to the energy transition collapsed on the stock market? (2) The loss of competitiveness of renewable energies.

2023-12-19

Letter No.92: Why have stocks linked to the energy transition collapsed on the stock market? (1) The continued development of fossil fuels.

2023-12-14

Letter No.91: How have stock markets evolved since the pre-COVID period?

2023-12-04

Letter No.90: Is the Chinese crisis comparable to the Japanese crisis of the 90s? (2) Five differences

2023-11-06

Letter No.89: Is the Chinese crisis comparable to the Japanese crisis of the 90s? (1) Four similarities

2023-11-02

Letter No.88: Rising interest rates, what are the risks for the markets?

2023-10-19

Letter No.87: The winners and losers of reindustrialisation.

2023-09-21

Letter No.86: The BRICS, reality or utopia?

2023-09-15

Letter No.85: India versus China: a partner, a rival, but not yet an alternative.

2023-08-24

Letter No.84: Where does India stand?

2023-08-22

Letter No.83: Emerging countries facing the wall of debt.

2023-07-26

Letter No.82: Mid-year review, from the expected to the unexpected.

2023-07-06

Letter No.81: A global indebtedness difficult to control. Where are we heading? (2)

2023-06-19

Letter No.80: A global public debt that is difficult to control. Awareness but without a crisis of mistrust.

2023-06-12

Letter No.79: Can we really talk about the decline of the West?

2023-05-05

Letter No.78: The “Global South”: a myth?

2023-05-01

Letter No.77: A 3rd black swan in 3 years. What impact will it have on growth and markets?”

2023-04-06

Letter No.76: Two consequences of the war in Ukraine for the global economy and markets: (2) The price-wage spiral and the impact of rates.

2023-03-03

Letter No.75: Two consequences of the war in Ukraine for the global economy and markets : (1) The acceleration of the energy transition.

2023-03-02

Letter No.74: Protectionist pressures and the risk for stock market valuations (2).

2023-02-17

Letter No.73: Protectionist pressures and the risk for stock market valuations (1).

2023-02-13

Letter No.72: Multilateralism at risk (4): Political stiffening at the risk of weakening economies.

2023-01-31

Letter No.71: The new faces of globalization (3): China, the threats to be averted.

2023-01-17

Letter No.70: The new faces of globalization (2): Europe, the obstacles to overcome.

2022-12-28

Letter No.69: The new faces of globalization (1): United States, 11 advantages to exploit.

2022-12-20

Letter No.68: What to think about the Chinese economy and market after the 20th Congress? (2)

2022-11-15

Letter No.67: What to think of China after the 20th Congress? (1)

2022-11-14

Letter No.66: Where is the UK heading?

2022-10-17

Letter No.65: Russian invasion, escalation and/or beginning of the end?

2022-10-10

Letter No.64: Should we fear rising interest rates?

2022-09-20

Letter No.63: Should we fear a further decline in the financial markets?

2022-08-29

Letter No.62: Should we fear a new global recession?

2022-08-19

Letter No.61: Should financial markets worry about an invasion of Taiwan?

2022-08-12

Letter No.60: The two blocs from a political perspective: from ideological antagonism to political opposition.

2022-07-18

Letter No.59: Deglobalisation. The economic aspect, between concern for independence and mutual dependences.

2022-07-13

Letter No.58: The Energy Transition (4). Policies implemented in major countries.

2022-06-10

Letter No.57: The Energy Transition (3). Developments in the major sectors.

2022-05-25

Letter No.56: The objectives and 14 challenges of the energy transition.

2022-05-20

Letter No.55: The energy transition (1). Where do we stand?

2022-04-29

Letter No.54: Price increase or inflation?

2022-04-12

Letter No.53: From globalisation to possible regional blocs?

2022-03-21

Letter No.52: Between resistance and reticence, what do the markets think of the Ukrainian conflict?

2022-03-02

Letter No.51: What about Russia and the current crisis in Ukraine?

2022-02-17

Letter No.50: What is the outlook for the markets in 2022?

2022-02-03

Letter No.49: Economic Outlook 2022.

2022-01-20

Letter No.48: Geopolitics and stock markets, what are the risks at the dawn of 2022?

2022-01-12

Letter No.47: What about the Chinese shadows?

2021-12-20

Letter No.46: Should inflation be apprehended?

2021-12-13

Letter No.45: When relocation could rhyme with inflation and immigration.

2021-11-22

Letter No.44: Brexit, 11 months later. What are the economic and stock market consequences?

2021-11-08

Letter No.43: Stock market crashes

2021-10-19

Letter No.42: What about the Chinese market after Evergrande?

2021-10-12

Letter No.41: The markets. Between fears and expectations. What to think?

2021-09-10

Letter No.40: What is the future for Africa?

2021-09-02

Letter No.39: Developed countries – Emerging countries : from convergence to divergence

2021-08-17

Letter No.38: What about “Whatever it takes”?

2021-07-22

Letter No.37: The rise in oil prices, an opportunity for producers and for energy transition

2021-07-12

Letter No.36: International corporate taxation: A big step for fairness, a small step for revenue

2021-06-17

Letter No.35: The World in 2040

2021-06-08

Letter No.34: Inflation, a threat or a mirage?

2021-06-03

Letter No.33: India, a fettered but courted power.

2021-05-10

Letter No.32: Towards a global increase in corporate taxes. What are the implications for the markets?

2021-04-20

Letter No.31: What is the future for the international monetary system, central banks and cryptocurrencies?

2021-04-09

Letter No.30: What to make of the ambivalence of the crisis and the intermittency of the recovery?

2021-03-23

Letter No.29: Towards a mutation of capitalism: the end of neoliberalism?

2021-03-15

Letter No.28: What should we think about the rise in long-term rates and should we fear inflation?

2021-03-08

Letter No.27: The Catch-Up of Southeast Asia

2021-03-01

Letter No.26: Why invest in the future of China?

2021-02-08

Letter No.25: What can we expect from President Biden?

2021-01-25

Letter No.24: Sketching the Year 2021

2021-01-14

Letter No.23: Brexit: when illusions give way to reality

2020-12-30

Letter No.22: The new European dynamic

2020-12-14

Letter No.21: Reasons for confidence in market appreciation

2020-12-07

Letter No.20: After Trump

2020-11-09

Letter No.19: The American elections and the Stock Market

2020-10-23

Letter No.18: Capitalist changes and Stock Markets: between risks and opportunities

2020-10-06

Letter No.17: Reasons for hope?

2020-09-04

Letter No.16: Wall Street opposite “Main Street” (continued). The economic and stock market consequences of liquidity injections.

2020-07-27

Letter No.15: Wall Street against “Main Street”. How to manage the crisis?

2020-07-22

Letter No.14: Towards a tripolar world. Where to invest?

2020-07-06

Letter No.13: Which stock market approach in emerging countries facing crisis?

2020-06-18

Letter No.12: What are the risks and impacts on financial markets of questioning multilateralism?

2020-06-09

Letter No.11: Europe, one more effort!

2020-05-11

Letter No.10: Towards Inflation or Deflation?

2020-05-04

Letter No.9: Worsening inequalities and market impacts.

2020-04-27

Letter No.8: Deglobalization? When utopia defies realism.

2020-04-20

Letter No.7: What’s next?

2020-04-14

Letter No.6: What to do in the Stock Market?

2020-04-06

Letter No.5: In an unprecedented crisis, increased vigilance.

2020-03-30

Letter No.4: Five risks and one certainty

2020-03-20

Letter No.3: Oil : a temporary meltdown and a mindless equity crash

2020-03-10

Letter No.2: China and the Coronavirus crisis

2020-03-02

Letter No.1: Global economic outlook: strong pep pills, disappointing growth, resilient markets.

2020-02-20