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

US Banks - Strong Weekly Balance Sheet Figures for Loans, Loan Loss Reserves and Time Deposits

Proprietary Nonfarm Payroll Prediction Model: Methodology and Sep 2024 Prediction

The 156,000 Increase In August Nonfarm Payrolls Is Not A Disappointment

US August Nonfarm Payroll Suggests Only 25 Bps Rate Cut

Fortress Hill Advisors

Founded in Hong Kong in 2019, Fortress Hill Advisor seeks to provide premium economic and financial researches.

Premium Economic & Investment Research

Macroeconomics

<ul>
<li>September’s non-farm payroll is well above consensus with a rise of 254k from 142k in August, above our in house forecast of 159K and the consensus of 150K.</li>
<li>. Unemployment unexpectedly fell to 4.1% from 4.2% and average hourly earnings were above trend at 0.4% again with upward back revisions.</li>
<li>This is clearly a strong report, even with a dip in the workweek to 34.2 from 34.3 hours.</li>
</ul>


September’s non-farm payroll is well above consensus with a rise of 254k from 142k in August, above our in house forecast of 159K and the consensus of 150K.
. Unemployment unexpectedly fell to 4.1% from 4.2% and average hourly earnings were above trend at 0.4% again with upward back revisions.
This is clearly a strong report, even with a dip in the workweek to 34.2 from 34.3 hours.


U.S. September Nonfarm Payroll - A Strong Month and Less Downside Risk