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

Global Politics: As US Election Heats Up, Asia May Catch More Than Just a Cold

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

Cross Asset Strategy

<ul>
<li>The U.S. was the only major industrialized country emerging out of World War II with its economy unscathed, which provided it with a strong competitive advantage and “exorbitant privilege”.</li>
<li>The strength of U.S. equities in the post-war era can be attributable to a lower cost of capital. Trump’s isolationist policies that dismantle Pax Americana threatend the U.S. financing advantage.</li>
<li>If investors are relying on the historical experience of U.S. asset returns to project their future returns, they may be disappointed under the scenario of a second Trump term.</li>
</ul>


The U.S. was the only major industrialized country emerging out of World War II with its economy unscathed, which provided it with a strong competitive advantage and “exorbitant privilege”.
The strength of U.S. equities in the post-war era can be attributable to a lower cost of capital. Trump’s isolationist policies that dismantle Pax Americana threatend the U.S. financing advantage.
If investors are relying on the historical experience of U.S. asset returns to project their future returns, they may be disappointed under the scenario of a second Trump term.


How Trump's Isolationism Threatens Long-Term Equity Returns