Asian Hedge Fund Manager, Long Short Equity, Macro

David Mudd

Asian Hedge Fund manager based in HK/SG with over 20 years of experience managing Asian Long/Short Equity funds. Macroeconomic top-down analysis generates thematic investments that are further researched from the bottom-up. Research is supplemented with advanced technical analysis. 
Previous experience includes M&A with Morgan Stanley and CPA with Deloitte in NYC. Wharton MBA.

Technically Speaking, Breakouts and Breakdowns: HONG KONG (March 6)

ASIA: Portfolio Positioning During US Bear Market

Overview #19 – Don’t Buy the D@nm Dip!

The US Dollar and the Only Chart that Matters!

New Tariffs and China: THE BARK IS WORSE THAN THE BITE

The Art of the Trade War: US/CHINA Opening Moves

Baba's Babies: Co-Parenting Works! Zhong An Online P&C Insurance

2025 High Conviction Idea: The Case for a Rotation Out of India into HK/China Part 2

Cross Asset Strategy

<ul>
<li>After several months of a technical top-consolidation, the US market is entering a bear market.  The piercing of the Magnificent-7 bubble will continue to drive selling pressure in the market.</li>
<li>Inflation pressures will tie the Fed's hands to bail out the market with another Fed Put.  Another market bailout would cost much more than the $5 trillion COVID bailout.</li>
<li>The administration's policy sequencing is pushing inflation expectations higher as the immediate tariff implementation supersedes other anti-inflationary policies, which will take longer to implement.</li>
</ul>


After several months of a technical top-consolidation, the US market is entering a bear market.  The piercing of the Magnificent-7 bubble will continue to drive selling pressure in the market.
Inflation pressures will tie the Fed's hands to bail out the market with another Fed Put.  Another market bailout would cost much more than the $5 trillion COVID bailout.
The administration's policy sequencing is pushing inflation expectations higher as the immediate tariff implementation supersedes other anti-inflationary policies, which will take longer to implement.


United States

The US Bear Market: Stage One - DENIAL