Cross-Asset Strategist & Quantitative Analyst, Pennock Idea Hub

Cam Hui

Cam Hui has been professionally involved in the financial markets since 1985 in a variety of roles, both as a quantitative equity portfolio manager and as a sell-side analyst. He graduated with a degree in Computer Science from the University of British Columbia in 1980 and obtained his CFA Charter in 1989.

Cross-Asset Strategist & Quantitative Analyst

Pennock Idea Hub

We are creators of independent equity research. The Pennock Idea Hub team are veterans of the investment industry. Much of our team has spent their careers at Merrill Lynch, Deutsche Bank, RBC Capital Markets and Wood Gundy. We have taken every aspect of research back to the studs and returned to first principles. The Pennock Idea Hub marries the interests of the sell and buy side. 

We offer the best research for institutional investors by:

-Only publishing research from veteran analysts
-Eliminate the inherent conflicts of the traditional sell and buy side relationship
-Ensure our team is always accessible; collaboration with clients nurtures our collective success

Cross-Asset & Quantitative Research

Thematic (Sector/Industry)

United states / Thematic (Sector/Industry)

<p>As U.S. stock prices cratered 3% last week, some minor panic broke out. Our analysis finds that investors should not panic, as there is no sign of a major bear market in sight.</p><figure class="editor-figure mceNonEditable"><img class="editor-image img-responsive" src="https://static-prod.smartkarma.com/images/media/000/043/808/original/WLSH.png?1517854115" data-smartkarma-image-id="43808"></figure><p>A bear market has either preceded or coincided with past economic recessions. If there is no recession in sight, investors should not expect a major decline to begin. The corollary lesson to this history lesson is that equity investors should be prepared for regular 10–15% corrections. If you can’t stand that kind of risk…</p>

As U.S. stock prices cratered 3% last week, some minor panic broke out. Our analysis finds that investors should not panic, as there is no sign of a major bear market in sight.A bear market has either preceded or coincided with past economic recessions. If there is no recession in sight, investors should not expect a major decline to begin. The corollary lesson to this history lesson is that equity investors should be prepared for regular 10–15% corrections. If you can’t stand that kind of risk…

A Correction, Not A Bear