Chief Economist, Aletheia Capital

Dr. Jim Walker

Jim Walker is the chief economist at Aletheia Analyst Network Limited, an independent research platform for the Asia Pacific region. Prior to joining Aletheia he was the founder and chief economist at Asianomics Group an economics and strategy research consultancy company formed in late 2007. 

Before establishing Asianomics he was the chief economist at CLSA Asia-Pacific Markets. He joined CLSA in late 1991. Over the years Dr Jim achieved numerous ‘best economist’ rankings in the Asiamoney, Institutional Investor and Greenwich surveys of fund managers. In 1995 he wrote about the prospect of Asia being forced off its de facto dollar peg “within the next two-three years”. The Asian Crisis, precipitated by the Thai baht devaluation, began in July 1997.

In recent years he is best known for forecasting the US 2007 downturn and financial sector meltdown in his series of ‘Apocalypse’ reports. He remains deeply sceptical of the prevailing wisdom in central banks’ approach to monetary policy.

Over the years he has also developed an approach to analysing Asian economies based on profit and credit cycles where the importance of investment spending as the driver of economic activity is explained.

Early in his career he worked in his native Scotland as a research fellow at the Fraser of Allander Institute for Research on the Scottish Economy, and then at The Royal Bank of Scotland’s Edinburgh headquarters. He holds a Bachelor of Arts Honours degree and a doctorate in economics from the University of Strathclyde, Glasgow.

Chief Economist

Asia 2018 Policy Rate Outlook - Bumps & Boosts

Why Is Consensus So Wrong On The US Dollar?

Independent and original Asian investment research

Aletheia Capital

Aletheia Capital (HK) Ltd. (previously known as Asianomics) combines the extensive knowledge of its experienced team with technology and regulatory changes to disrupt Global Markets business in Asia. The firm is completely independent with no conflicts of interest either on Investment Banking advisory or Capital Markets execution.

Macroeconomics

Kuala Lumpur Composite Index (KLCI) (FBMKLCI INDEX)

As we mentioned in yesterday's Insight, <a href="https://www.smartkarma.com/insights/malaysia-rurning-chinese" target="_blank">Malaysia: Turning Chinese</a>, the country is set to become the key Asean centre for China’s Belt and Road Initiative ambitions. Chinese direct investment could well drive growth for years to come. The export cycle is also underpinning Malaysian profitability.But there is always the danger that government policy in Malaysia will derail the good market dynamics. The tendency to interference there is strong but perhaps Putrajaya is learning from past mistakes and reappraising its interventionism. Now would be a good time to do so, before it falls further behind its peers.

As we mentioned in yesterday's Insight, Malaysia: Turning Chinese, the country is set to become the key Asean centre for China’s Belt and Road Initiative ambitions. Chinese direct investment could well drive growth for years to come. The export cycle is also underpinning Malaysian profitability.But there is always the danger that government policy in Malaysia will derail the good market dynamics. The tendency to interference there is strong but perhaps Putrajaya is learning from past mistakes and reappraising its interventionism. Now would be a good time to do so, before it falls further behind its peers. 

Malaysia: Set Fair for 2018