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”.

Almost Half of Global GDP Tracking Unevenly

Fed Snap (Jun 12 Meeting): Current & Future Takeaways

Central Banks Globally: Cut, Hike or Pause?

Fed Snap (May 1 Meeting): Current & Future Takeaways

Macroeconomics

<ul>
<li>Central bankers in advanced economies, while pausing, cutting and hiking, continue to debate underlying or trend inflation developments </li>
<li>My estimate of underlying inflation for the G3 overall, which zeroes-in on the Most and More Persistent categories, trended lower recently  </li>
<li>The estimated level of underlying G3 inflation in May was approximately 1%-point above the pre-pandemic average</li>
</ul>


Central bankers in advanced economies, while pausing, cutting and hiking, continue to debate underlying or trend inflation developments 
My estimate of underlying inflation for the G3 overall, which zeroes-in on the Most and More Persistent categories, trended lower recently  
The estimated level of underlying G3 inflation in May was approximately 1%-point above the pre-pandemic average


Is Underlying Inflation Edging Higher, Lower or Flatlining?