Lack of US market & macro volatility both reassuring and troubling
US market and macro metrics stable…with the exception of flying equities The metronomic rise in US equity indices to new record highs, spurred in part by the recent detent in US-China trade relations, is understandably making the headlines. The S&P 500, which yesterday breach… Become a member to read the rest of this article […]
SOUTH AFRICA: Davos talk vs ANC politics
Finance Minister Tito Mboweni will fly South Africa’s reform flag at the World Economic Forum (WEF) next week, though his refreshing policy views will rightfully be seen as those of a lone voice within a divided ruling party. Indeed, while the minister will pledge at Davos that t… Become a member to read the […]
US/CHINA: Will phase 1 eliminate IP theft and forced technology transfer?
● China’s historical efforts to appropriate foreign IP have achieved uneven results. ● Phase 1 largely re-commits China to reforms that Beijing had already undertaken prior to the deal. ● The most significant new elements in phase 1 are focused on implementation and enforce… Become a member to read the rest of this article