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

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Fortress Hill Advisors

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Macroeconomics

<ul>
<li>Majority of the market now believes Fed is going to lower rate by 100bps to 125bps by end of this year and by 50bps in September.</li>
<li>Coupled with the most recent weak job reports and stock market revision,  current market environment call for possibility  of reversal to QE.</li>
<li>However, we stick to our forecast of only one 25bps rate cut in September, as inflation is still a concern and the Fed would not want to revert to QE.</li>
</ul>


Majority of the market now believes Fed is going to lower rate by 100bps to 125bps by end of this year and by 50bps in September.
Coupled with the most recent weak job reports and stock market revision,  current market environment call for possibility  of reversal to QE.
However, we stick to our forecast of only one 25bps rate cut in September, as inflation is still a concern and the Fed would not want to revert to QE.


Market Expectation on US Rate Cuts Balloons: Reversal to QE?