Cross-Asset Strategist & Quantitative Analyst, Pennock Idea Hub

Cam Hui

Cam Hui has been professionally involved in the financial markets since 1985 in a variety of roles, both as a quantitative equity portfolio manager and as a sell-side analyst. He graduated with a degree in Computer Science from the University of British Columbia in 1980 and obtained his CFA Charter in 1989.

Cross-Asset Strategist & Quantitative Analyst

Post-Jackson Hole: Don’t Fight The Fed… Euro Collapse Threatened?

Don't Fight the Fed; Pullback Underway as Rising DXY and 10-Yr Treasury Yield Back to Being Headwind

DXY: Dollar Strength May Have Peaked But This Is Not The End of It

Pennock Idea Hub

We are creators of independent equity research. The Pennock Idea Hub team are veterans of the investment industry. Much of our team has spent their careers at Merrill Lynch, Deutsche Bank, RBC Capital Markets and Wood Gundy. We have taken every aspect of research back to the studs and returned to first principles. The Pennock Idea Hub marries the interests of the sell and buy side. 

We offer the best research for institutional investors by:

-Only publishing research from veteran analysts
-Eliminate the inherent conflicts of the traditional sell and buy side relationship
-Ensure our team is always accessible; collaboration with clients nurtures our collective success

Cross-Asset & Quantitative Research

Cross Asset Strategy

<ul>
<li>Based on the message from Jackson Hole, monetary policy is hawkish as far as the eye can see. However, there are two non-linear and narrow paths forward for equity bulls.</li>
<li>One is a financial crisis that forces central bankers to pivot to an easier policy to preserve financial stability.</li>
<li>The other is central bankers have misjudged the inflation outlook and markets are right. If long Treasury yields fall convincingly, it could be the signal for a market-led dovish pivot.</li>
</ul>


Based on the message from Jackson Hole, monetary policy is hawkish as far as the eye can see. However, there are two non-linear and narrow paths forward for equity bulls.
One is a financial crisis that forces central bankers to pivot to an easier policy to preserve financial stability.
The other is central bankers have misjudged the inflation outlook and markets are right. If long Treasury yields fall convincingly, it could be the signal for a market-led dovish pivot.


Why A Financial Crisis Could Be The Bulls` Best Hope