Founder, Market Thinker

Mark Tinker

Mark Tinker has over 35 years experience as an investor, market strategist and economist. Having spent more than 20 years as a sell side strategist and being top rated on numerous occasions and surveys he moved to investment management in 2006 to run global equity portfolios in London and subsequently moved to Hong Kong in 2013 to help establish an Investment Management business for a top 20 international asset manager. He first started writing investment weeklies for his employers in 1989, developing a style characterised under the title Market Thinking and has been a regular commentator and presenter on CNBC, Bloomberg and other business channels, where his approach of rationalising market behaviour rather than making short term predictions on high frequency market data provides a welcome balance to his client audience.

Founder

Market Thinker

Making Sense of the Narrative

Macroeconomics

<ul><li>September is, of course, probably the worst month for seasonality in Equity Markets, with particular anxiety around the option expiry mid month.</li><li>The restated hawkishness of the Fed in late August saw off attempts to break through long term resistance levels and encouraged further shorting by the CTA funds, leaving us in the ‘new normal’ position of potential capitulation versus potential bear market squeeze.</li><li>Of course, the Fed isn’t the only policy maker in town any more, with a raft of elections, in UK, Sweden, Italy, Brazil, Israel and of course the US and China coming up in the next three months, policy uncertainty remains high, not least as so many of the embedded policies of the last decade are having to be revisisted.</li></ul>

September is, of course, probably the worst month for seasonality in Equity Markets, with particular anxiety around the option expiry mid month.The restated hawkishness of the Fed in late August saw off attempts to break through long term resistance levels and encouraged further shorting by the CTA funds, leaving us in the ‘new normal’ position of potential capitulation versus potential bear market squeeze.Of course, the Fed isn’t the only policy maker in town any more, with a raft of elections, in UK, Sweden, Italy, Brazil, Israel and of course the US and China coming up in the next three months, policy uncertainty remains high, not least as so many of the embedded policies of the last decade are having to be revisisted.

Market Thinking September