Colin lloyd Global Economy Expert

Colin is an investment writer and television presenter specialising in macroeconomics and the financial markets.  He is the founder of "In the Long Run", an alternative investment consultancy in 2010 advising hedge funds on sales, marketing and business development. He is also a member of the advisory committee of Asia Alternative Investments Network. Colin holds prestigious qualifications from Columbia University in the City of New York, Yale University and the University of Michigan.


A Safe Place to Hide – Inflation and the Bond Markets

US bond yields have risen from historic lows, they should rise further, they may not. The Federal Reserve is beginning to reduce its balance sheet other CBs continue QE. US bonds may still be a safe haven, but a hawkish Fed makes short duration vulnerable. Short dated UK Gilts make a safe place to hide, come the correction in stocks.


A warning Knell From The housing Market – Inciting a Riot?

Global residential real estate prices continue to rise but momentum is slowing. Prices in Russia continue to fall but Australian house prices look set to follow. After a decade of QE, real estate will be more sensitive to interest rate increases. 


The Risk of a Correction in the Equity Bull Market

Since March 2009, the US stock market has been trending broadly higher. If we can continue to make new highs, or at least, not correct to the downside by more than 20%, until August of this year it will be the longest equity bull-market in US history.


China – Leading Indicator? Stocks, Credit Policy, Rebalancing and Money Supply

Chinese bond yields have reached their highest since October 2014. Chinese stocks have corrected despite the US market making new highs. The PBoC has introduced targeted lending to SMEs and agricultural borrowers. Meanwhile, money supply growth is below target and continues to moderate.


Bull Market Breather or Beginning of The End?

Stock markets have generally taken a breather during November. High yield and corporate bond yields have risen, but from record lows. Since April, the Interest Rate Swap yield curve has flattened far less than Treasuries. Global economic growth forecasts continued to be revised higher.