Founder & Head of Research, Fortress Hill Advisors

Alex Ng

Alex Ng is the founder and head of research of the economic and investment research house Fortress Hill Advisors. Prior to founding Fortress Hill Advisors, he worked as an economic research analyst across government, academic, and financial institutes including the Hong Kong Financial Secretary’s Office (Office of the Government Economist), Economic Research Center of the Institute of Asia-Pacific Studies at CUHK, and State Street Global Markets. Alex holds a Master of Arts in Economics degree from Columbia University in the City of New York and a Bachelor of Arts in Economics and Mathematics from Wesleyan University (CT, USA).

Our firm's expertise lies in macroeconomics, global macro,  global thematic research, company and equity research, multi-asset strategy, event driven, and ESG.

We also do proprietary trading on the firm's capital, to try to vindicate our investment thesis. Our flagship publication, Heard from Fortress Hill (HFFH) provides our weekly market observations and is freely available on our website: https://fortresshill-advisors.com/hffh/

Founder & Head of Research

US Financial Markets: Getting Too Optimistic About Easier Fed Policy?

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Founded in Hong Kong in 2019, Fortress Hill Advisor seeks to provide premium economic and financial researches.

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<ul>
<li>Looking at press reports that the September FOMC call is a close one between 25bps and 50bps does not persuade us to change our call from 25bps.</li>
<li>The slightly disappointing August CPI does not exclude a 50bps move, and that whichever option the Fed does choose for September, markets should not assume a string similar moves.</li>
<li>Economists are still looking for a more moderate 0.2% increase in August core PCE prices, with a number slightly softer before rounding possible.</li>
</ul>


Looking at press reports that the September FOMC call is a close one between 25bps and 50bps does not persuade us to change our call from 25bps.
The slightly disappointing August CPI does not exclude a 50bps move, and that whichever option the Fed does choose for September, markets should not assume a string similar moves.
Economists are still looking for a more moderate 0.2% increase in August core PCE prices, with a number slightly softer before rounding possible.


FOMC: 25bps Or 50bps?