Independent Economist, Forecaster and Strategist

Thomas Lam

Tom has over two decades of experience in the realm of economics and finance, with expertise ranging from covering the global economy, deciphering financial markets, including macro forecasting, to advising on investment strategy.

He commenced his career in New York, initially at a large money-center bank and then at a hedge fund.  Thereafter, while in Singapore, he worked at two financial institutions and later joined academia.  

Tom has been consistently ranked among the top five most accurate economists in the world on forecasting the US economy overall (placed third, last published by the “Bloomberg Rankings of Top Forecasters”).  During the Global Financial Crisis, he was also acknowledged as the second-best US forecaster worldwide.  

Moreover, he was exclusively identified by Bloomberg to have accurately predicted the onset of the 2009 US recovery 16 months ahead of the official announcement.  Consequently, he has been widely publicized as one of “Wall Street’s Most Prophetic Economists”.

Macroeconomics

<ul>
<li>The undulating prospect of a 25bps or 50bps cut at the September Fed meeting coupled with a foggy future rate path is weighing on market sentiment</li>
<li>The state of financial market conditions--broadly and narrowly defined--may abruptly influence the outcome of upcoming Fed meeting/s, or vice versa</li>
<li>My weekly estimate of market leverage in the US hedge fund sector in total, which remains elevated at this time, warrants more attention</li>
</ul>


The undulating prospect of a 25bps or 50bps cut at the September Fed meeting coupled with a foggy future rate path is weighing on market sentiment
The state of financial market conditions--broadly and narrowly defined--may abruptly influence the outcome of upcoming Fed meeting/s, or vice versa
My weekly estimate of market leverage in the US hedge fund sector in total, which remains elevated at this time, warrants more attention


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