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”.

Is the Unemployment Rate Drifting Higher or Lower?

The Eventual Shift in Fed Policy: When & By How Much?

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

Battle Lines Drawn As BABA Builds Out First/Last-Mile Capacity; But Who Will Fund 75+ Bn CNY CapEx?

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

Macroeconomics

<ul>
<li>The FOMC announced a 50bps cut at the September meeting, but Chair Powell hemmed and hawed on future rate cuts</li>
<li>The eye catching market volatility before and after Powell's presser elevates the importance of effective Fed communication</li>
<li>The latest market-pricing for the funds rate, though far from settled, is roughly in-line with a no-recession scenario currently</li>
</ul>


The FOMC announced a 50bps cut at the September meeting, but Chair Powell hemmed and hawed on future rate cuts
The eye catching market volatility before and after Powell's presser elevates the importance of effective Fed communication
The latest market-pricing for the funds rate, though far from settled, is roughly in-line with a no-recession scenario currently


Words Speak Louder Than Actions?