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”.

The Usual & Unusual Details in the Latest CPI Release

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

Fed Snap (Jan 31 Meeting): Current & Future Takeaways

China Housing: Demand-Supply Fundamentals - Part #3: Solving The Construction Indicators Puzzle

Macroeconomics

<ul>
<li>The firmer than anticipated January CPI print, including the gap between CPI and PCE inflation, introduces confusion and anxiety to financial markets</li>
<li>But my Inflation Momentum Indicator and Most Persistent CPI inflation estimate offer an alternative read on the data</li>
<li>The ongoing debate on the current and future level of underlying inflation is more crucial to policymakers   </li>
</ul>


The firmer than anticipated January CPI print, including the gap between CPI and PCE inflation, introduces confusion and anxiety to financial markets
But my Inflation Momentum Indicator and Most Persistent CPI inflation estimate offer an alternative read on the data
The ongoing debate on the current and future level of underlying inflation is more crucial to policymakers   


The Ongoing Inflation Debate