Asian Hedge Fund Manager, Long Short Equity, Macro

David Mudd

Asian Hedge Fund manager with more than 20 years experience managing Asian Long/Short Equity funds.  Macroeconomic top down analysis generating thematic investments which are further researched from bottom up.  Research is supplemented with advanced technical analysis.

Trump Trades and the JAPAN Market Are Like Oil and Vinegar

Are We There Yet? What Next for Japanese Assets?

Nowhere to Run to Baby, Nowhere to Hide! Part 1

Macroeconomics

<ul>
<li>The crowded JPY carry trade will not unwind quickly although future unwind episodes may not be as dramatic.</li>
<li>The size of the carry trade is unknown, however its correlation to various asset classes is predictable.</li>
<li>The largest question for global markets is whether the unwind of the JPY carry trade is a harbinger of tighter monetary conditions globally as markets decline and leverage tightens.</li>
</ul>


The crowded JPY carry trade will not unwind quickly although future unwind episodes may not be as dramatic.
The size of the carry trade is unknown, however its correlation to various asset classes is predictable.
The largest question for global markets is whether the unwind of the JPY carry trade is a harbinger of tighter monetary conditions globally as markets decline and leverage tightens.


BOJ and Carry Trade: THE BUTTERFLY FLAPPED ITS WINGS