Weekly Thoughts
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Japan stock market hold its own while geopolitical tensions between US/China ratchets up
US stocks drift lower while Japanese market remains well supportedIt was rather a dull week with US stocks drifting lower led by FANG names, leading NASDAQ below its 50-day moving average once…
September 20, 2020 -
Japan could shine as investors shift away from tech and into cyclical/value stocks
We continue to suggesting switching from techs to cyclicalsAlthough the VIX fear gauge seems to have shown signs of stabilising and cash parked in US money market funds continue to trend lower,…
September 12, 2020 -
First signs of bursting of US tech bubble as we advise switching to cyclicals
We retain our negative stance in Japan’s tech stocks for nowIf ever there was good anecdotal evidence of gauging whether valuations of US technology stocks had entered dangerously inflated territory, it was…
September 5, 2020 -
Abe’s departure unlikely to change policy missteps
Although there is no shortage of accolade in the media for the outgoing and longest serving Japan’s PM, Shinzo Abe, it is no secret that we at Asymmetric Advisors have held a…
August 29, 2020 -
As signs of bubble in US stock market becomes more evident, we suggest selling tech stocks
Stock markets facing bubble trouble US stock market indices continue to march higher led by a narrow band of big tech names that have propelled the rally ever since the bottom in March.…
August 23, 2020 -
We’ve become increasingly nervous of stocks given weak near-term demand outlook in tech space
US stocks edges higher but we feel all is not well in the near term Although US stocks continued to edge higher pulling up Japanese shares with them, we stick with our newly…
August 15, 2020 -
We turn cautious on tech names for first time since Jan 2019
Calm before the storm as there is little good news on the near term horizonUS stock market have remained calm in the face of most economic data, pointing to weakening outlook as…
August 9, 2020 -
Failure to act by US and Japan policy makers leave stock markets vulnerable in short term
US fiscal policy paralysis signalling dangers ahead Despite growing concerns about the current deadlock in extending the Covid relief bills, US stock markets have remained remarkably calm. We feel this was partly supported…
August 2, 2020 -
More turbulence ahead as Trump and Abe fight for political survival while Intel shocks
Markets rattled by piling negative developments As we had feared the US stock market is starting to get rattled by number of overlapping negative developments. First and foremost, the fiscal cliffs related…
July 25, 2020 -
US fiscal cliffs and elevated geopolitical risks keep us on the defensive and overweight tech
US fiscal cliffs and raging daily infections could unsettle markets in coming weeksDespite spurts of market excitement over promising sneak peaks in initial test results of Covid-19 vaccines currently in the works,…
July 19, 2020