Global Multi-Asset Investment Strategist, True Insights

Jeroen Blokland

Global Multi-Asset Investment Strategist

Build Well-Diversified Multi-Asset Portfolios

True Insights

Our research helps investors build well-diversified multi-asset portfolios and profit from market developments. In addition, our unique and proven Macro – Sentiment – Valuation (MSV) investment framework ensures a consistent flow of new investment opportunities. Together with our market views, these opportunities will be reflected in our live ETF-based Global Multi-Asset Portfolios.

Cross Asset Strategy

<ul>
<li>The Empire State Manufacturing Survey has crashed! Only two months during COVID-19 were worse. So, how bad is it?</li>
<li>China is a mess. And it just got worse. The Hang Seng Index collapsed. Are Chinese stocks a buy yet?</li>
<li>UK inflation added to the ‘we must remain hawkish’ narrative of central banks. Yet, many rate cuts are coming.</li>
</ul>


The Empire State Manufacturing Survey has crashed! Only two months during COVID-19 were worse. So, how bad is it?
China is a mess. And it just got worse. The Hang Seng Index collapsed. Are Chinese stocks a buy yet?
UK inflation added to the ‘we must remain hawkish’ narrative of central banks. Yet, many rate cuts are coming.


The Weekly Market Monitor – US Hawkishness, Bitcoin Memes, and China's Value Trap

Oil and Gas, Mint Finance

Suhas Reddy

Oil and Gas

Deep Fundamental Analysis

Mint Finance

Mint Finance's investment research blends deep fundamental analysis with technical & quant insights. Investment strategies straddle across multiple asset classes with risk management embedded into every trade to deliver an outsized reward-to-risk ratio.

Mint Finance's research is centered around three key themes. First, energy transition and climate change. Second, artificial intelligence. Third, shifting world order with its impact across politics and monetary economics.

Macroeconomics

<ul>
<li>Retail sales in December rose by 0.6% MoM, beating analyst expectations. Core retail sales also grew stronger than expected. </li>
<li>Automobile, clothing and accessories, and online store sales led growth on a MoM basis, while food services sales growth remained flat.</li>
<li>Given the buoyant growth in sales, traders pared back their expectations of a Fed interest rate cut in March 2024.</li>
</ul>


Retail sales in December rose by 0.6% MoM, beating analyst expectations. Core retail sales also grew stronger than expected. 
Automobile, clothing and accessories, and online store sales led growth on a MoM basis, while food services sales growth remained flat.
Given the buoyant growth in sales, traders pared back their expectations of a Fed interest rate cut in March 2024.


Mint Macro Roundup: Upbeat US Retail Sales in Dec Trims Markets Rate Cut Expectations in March

Asia L/S Equity PM/Macro/Thematic Idea Generation

Rikki Malik

<ul>
<li>Recent US economic data has been mixed on the inflation/growth front. </li>
<li>Fed dot plot and messaging at odds with market expectations.</li>
<li>The extent of rate cuts is correct, but timing is likely not.</li>
</ul>


Recent US economic data has been mixed on the inflation/growth front. 
Fed dot plot and messaging at odds with market expectations.
The extent of rate cuts is correct, but timing is likely not.


US Interest Rates and the Dollar and Impact on Markets

<ul>
<li>China’s GDP growth continues to be driven by government spending while domestic demand and consumer confidence remains weak.</li>
<li>Exports fall in 2023, the first time since 2016 despite industrial production and utilisation rising.</li>
<li>China’s CPI inflation in December comes in at -0.3 % YoY, falls for three consecutive months.</li>
</ul>


China’s GDP growth continues to be driven by government spending while domestic demand and consumer confidence remains weak.
Exports fall in 2023, the first time since 2016 despite industrial production and utilisation rising.
China’s CPI inflation in December comes in at -0.3 % YoY, falls for three consecutive months.


Mint Macro Roundup: Deflation, Anaemic GDP Growth & Falling Exports Amplifies China Headwinds

<ul>
<li>US inflation rate ticked up to 3.4% in December and came in above analyst expectations. Core inflation remains equally stubborn.</li>
<li>Similar inflationary pressures as November were observed with shelter costs and service index rising and energy prices continuing to fall. Notably, energy prices slowed their pace of monthly decline.</li>
<li>Market impact of the CPI report was muted as initial price action upon release of the report was reversed through the day. </li>
</ul>


US inflation rate ticked up to 3.4% in December and came in above analyst expectations. Core inflation remains equally stubborn.
Similar inflationary pressures as November were observed with shelter costs and service index rising and energy prices continuing to fall. Notably, energy prices slowed their pace of monthly decline.
Market impact of the CPI report was muted as initial price action upon release of the report was reversed through the day. 


Mint Macro Roundup: US Dec CPI up 3.4% Beating Expectations yet Rate Cut Optimism Remains Intact

United States

The S&P 500® is widely regarded as the best single gauge of large-cap U.S. equities and serves as the foundation for a wide range of investment products. The index includes 500 leading companies and captures approximately 80% coverage of available market capitalization.

S&P 500 INDEX (SPX INDEX)

The Weekly Market Monitor – US Hawkishness, Bitcoin Memes, and China's Value Trap

The Weekly Market Monitor! Start your week in financial markets, with some of last week’s biggest surprises, stories and charts.

Jeroen Blokland

Mint Macro Roundup: Upbeat US Retail Sales in Dec Trims Markets Rate Cut Expectations in March

US retail sales in December beat expectations, driven by strong growth in automobile, clothing, and online store sales. Market anticipation of Fed...

Mint Finance

US Interest Rates and the Dollar and Impact on Markets

Recent mixed US economic data on inflation and growth, has reduced interest rate cut expectations but we believe the path to US lower interest...

Rikki Malik

Mint Macro Roundup: Deflation, Anaemic GDP Growth & Falling Exports Amplifies China Headwinds

China's GDP growth largely driven by government spending, fails to impress markets. Domestic consumer demand remains weak and property investment...

Mint Finance

Mint Macro Roundup: US Dec CPI up 3.4% Beating Expectations yet Rate Cut Optimism Remains Intact

US headline inflation rises to 3.4% YoY in December, higher than estimates. Core CPI inflation falls below 4%, Market expectations of a rate cut in...

Mint Finance