Economist, Centennial Asia Advisors

Jason Tan

Economist

Centennial Asia Advisors

At Centennial Asia Advisors, we tell it like it is. We have no vested interests, no need for a China wall, and no reason to skew our outlook any other way. With over 30 years experience covering Asia’s political economy, you can be sure our conclusions and analyses are based on the unadulterated facts. Through years of fine-tuning our research methodologies, we deliver a quality of macroeconomic analysis few other houses can match.

Centennial Asia Advisors is an independent research and advisory firm that works with governments, multilateral institutions, financial firms and leading MNCs.

Economic Policy and Strategic Advisors

Macroeconomics

<ul>
<li>With the Fed’s preferred measure of inflation growing above its 2% target for the first time in 5 years, the Conference Board Consumer Confidence index leaping 9.5 points in March to its highest level since December 2000, home prices growing at its fastest pace in 4 years and personal spending growing steadily despite some easing of late, there is simply no reason for ultra-loose monetary conditions to persist.</li>
<li>That is why a former dove, Eric Rosengren, President of the Boston Federal Reserve…</li>
</ul>


With the Fed’s preferred measure of inflation growing above its 2% target for the first time in 5 years, the Conference Board Consumer Confidence index leaping 9.5 points in March to its highest level since December 2000, home prices growing at its fastest pace in 4 years and personal spending growing steadily despite some easing of late, there is simply no reason for ultra-loose monetary conditions to persist.
That is why a former dove, Eric Rosengren, President of the Boston Federal Reserve…


Steady Drumbeat of Good Economic Data Sparking Fed Debate

Chief Economist & Political Strategist, CrossASEAN Research

Prasenjit K. Basu

Chief Economist & Political Strategist

REAL-Economics.com

-Ineptitude 1.0 was market-supportive because it meant that protectionist, xenophobic and alliance-disrupting policies could not be implemented in a hurry. -The collapse of Trumpcare (or the promise "to repeal and replace Obamacare on Day 1") signals the advent of Ineptitude 2.0, which will be more toxic for markets, because it means that major tax reductions are likely to be unimplementable in 2017. The Freedom Caucus opposed Trumpcare, and will oppose any tax reform that includes a border tax…

-Ineptitude 1.0 was market-supportive because it meant that protectionist, xenophobic and alliance-disrupting policies could not be implemented in a hurry. -The collapse of Trumpcare (or the promise "to repeal and replace Obamacare on Day 1") signals the advent of Ineptitude 2.0, which will be more toxic for markets, because it means that major tax reductions are likely to be unimplementable in 2017. The Freedom Caucus opposed Trumpcare, and will oppose any tax reform that includes a border tax…

The Trump Ineptitude Trade: Over or Just Beginning?

Amareos

Ryan Shea

Thematic (Sector/Industry)

Summary: Housing has several characteristics that mean it is almost perfectly designed to be prone to bubble-like behaviour. By definition a bubble occurs when the price of an asset is significantly overvalued making it increasingly difficult to justify based on underlying fundamentals. In such situations it is the overriding optimism of the crowd, with unrealistically high expectations, that acts as the propellant for further gains. Ten years on from the bursting of the US housing market…

Summary: Housing has several characteristics that mean it is almost perfectly designed to be prone to bubble-like behaviour. By definition a bubble occurs when the price of an asset is significantly overvalued making it increasingly difficult to justify based on underlying fundamentals. In such situations it is the overriding optimism of the crowd, with unrealistically high expectations, that acts as the propellant for further gains. Ten years on from the bursting of the US housing market…

The Market Sentimentalist: Global Real Estate – Where Are The Risks Residing?

Founder-CEO & Chief Analyst, Real Estate Foresight

Robert Ciemniak

Founder-CEO & Chief Analyst

Real Estate Foresight

Since 2012, REF has been helping investors with market research, project due diligence, and strategy development. This has ranged from detailed assessments and estimates on distressed developers' project portfolios to market due diligence on specific projects to macro-level questions linked to demand for commodities. The unique combination of the housing markets and developer data from data partner China Index Academy in Beijing, primary research, and technology-powered alternative data collection from public sources result in a valuable content set used in REF analytics and reports.

Predictive Analytics for China Property

Three quick takeaways from the annual 2016 data on commercial property sales transactions - income producing assets in office, retail, industrial, apartment and hotel sectors, excluding the development sites. Select data/charts courtesy of our data partner <a href="http://www.rcanalytics.com" target="_blank">Real Capital Analytics</a>:1. GLOBAL DOLLAR VOLUMES DOWNFor the first time since 2009, the global volumes declined overall and across the major regions. Low interest rates had clearly given a boost to volumes over the past 7 years, with the rich…

Three quick takeaways from the annual 2016 data on commercial property sales transactions - income producing assets in office, retail, industrial, apartment and hotel sectors, excluding the development sites. Select data/charts courtesy of our data partner Real Capital Analytics:1. GLOBAL DOLLAR VOLUMES DOWNFor the first time since 2009, the global volumes declined overall and across the major regions. Low interest rates had clearly given a boost to volumes over the past 7 years, with the rich…

Global Capital Trends In Real Estate In 2016

Founder and Strategist, Entext Economics & Strategy

Sean Maher

Founder and Strategist

Entext Economics & Strategy

Entext provides institutional investors with distinctive, actionable asset allocation and thematic research, which typically challenges the market consensus. Our clients range from credit, equity and multi-asset hedge and pension funds to family offices and sovereign funds. 
 
We focus on identifying key inflection points in macro data and relative asset performance amid the 'groupthink'  and confirmation bias that characterizes most investment bank analysis.

Macro Driven Investment Insight

<ul>
<li>Both the surge in industrial commodity imports and excavator sales in February confirm the rebound in Chinese fixed investment led by infrastructure, but with housing also now picking up.</li>
<li>Sales of excavators reached a 15-year high - Komatsu reported real-time utilization rates on its machines in China soaring 85% y/y last month</li>
<li>Housing sales by value rose 22.7% y/y for Jan/Feb and investment in real-estate development rose 8.9% in the first two months, versus 6.9% over last year.</li>
<li>Prices seem to be…</li>
</ul>


Both the surge in industrial commodity imports and excavator sales in February confirm the rebound in Chinese fixed investment led by infrastructure, but with housing also now picking up.
Sales of excavators reached a 15-year high - Komatsu reported real-time utilization rates on its machines in China soaring 85% y/y last month
Housing sales by value rose 22.7% y/y for Jan/Feb and investment in real-estate development rose 8.9% in the first two months, versus 6.9% over last year.
Prices seem to be…


As China Digs for Growth, Can Korea Break Chaebol Dominance?

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Steady Drumbeat of Good Economic Data Sparking Fed Debate

With the Fed’s preferred measure of inflation growing above its 2% target for the first time in 5 years, the Conference Board Consumer Confidence...

Jason Tan

The Trump Ineptitude Trade: Over or Just Beginning?

-Ineptitude 1.0 was market-supportive because it meant that protectionist, xenophobic and alliance-disrupting policies could not be implemented in...

Prasenjit K. Basu

The Market Sentimentalist: Global Real Estate – Where Are The Risks Residing?

Summary: Housing has several characteristics that mean it is almost perfectly designed to be prone to bubble-like behaviour. By definition a bubble...

Amareos

Global Capital Trends In Real Estate In 2016

Three quick takeaways from the annual 2016 data on commercial property sales transactions - income producing assets in office, retail, industrial,...

Robert Ciemniak

As China Digs for Growth, Can Korea Break Chaebol Dominance?

Both the surge in industrial commodity imports and excavator sales in February confirm the rebound in Chinese fixed investment led by...

Sean Maher

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52-week Range

Market Cap (USDm)

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