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”.

Is the Unemployment Rate Drifting Higher or Lower?

Central Banks Globally: Cut, Hike or Pause?

Almost Half of Global GDP Tracking Unevenly

Battle Lines Drawn As BABA Builds Out First/Last-Mile Capacity; But Who Will Fund 75+ Bn CNY CapEx?

China Housing: Demand-Supply Fundamentals - Part #3: Solving The Construction Indicators Puzzle

Macroeconomics

<ul>
<li>Market sentiment improved as the prospect of a September Fed pivot increased following the July FOMC meeting</li>
<li>While the July FOMC statement and Chair Powell's presser hinted toward a rate cut, the former seems more ambivalent than the latter </li>
<li>Although the current focus is squarely on the timing of the first rate cut, the future path of policy remains unclear at this time</li>
</ul>


Market sentiment improved as the prospect of a September Fed pivot increased following the July FOMC meeting
While the July FOMC statement and Chair Powell's presser hinted toward a rate cut, the former seems more ambivalent than the latter 
Although the current focus is squarely on the timing of the first rate cut, the future path of policy remains unclear at this time


Fed Snap (Jul 31 Meeting): Current & Future Takeaways