macro view | The Property Chronicle

Macro Ideas – Is Iraq the world’s next hot frontier stock market?

by Matein Khalid | May 10, 2018 | The Macro View

A dismal legacy of civil war, sanctions, insurgency, foreign invasion and terrorism has had a catastrophic impact on the Iraqi economy. Prime Minister Haider al-Abadi told the assembled global elite at Davos 2018 that Iraq needed $100 billion in postwar construction....

Market View – The case for profit taking in Indian equities

by Matein Khalid | Apr 20, 2018 | The Macro View

The Sensex and Nifty seem near a cyclical peak though the declines in Indian midcap/smallcap shares have been draconian. There is no doubt in my mind that, after a stellar 2017, investors sentiment in the Indian equities market is at an inflection point in April 2018:...

Global Investing

by Matein Khalid | Apr 18, 2018 | The Macro View

After a 1000 point midweek Dow rally, the US stock market was slammed again by 567 Dow points on Friday after President Trump announced $100 billion in additional tariffs on China and the March payroll growth number was a dismal 103,000 relative to the Wall Street...

Wall Street – The rising LIBOR and the global financial markets

by Matein Khalid | Apr 5, 2018 | The Macro View

Federal Reserve Chairman Jerome Powell made it clear that his strategy on interest rate hikes will be guided by the real time performance of the US economy, not the estoric econometric models of the central bank’s staff monetary economists. Unlike Ben Bernanke, Alan...

Macro Ideas – The bullish case for British equities

by Matein Khalid | Mar 29, 2018 | The Macro View

Brexit, sterling’s fall from grace, the collapse of the London housing bubble and the fractious politics of Theresa May’s Tory government in Westminster has made UK equities a pariah for global asset allocators. British equities exhibit metrics of investor pessimism...