May Day or mayday | MBMG Investment Advisory Report and Outlook May 2023

May Day or mayday | MBMG Investment Advisory Report and Outlook May 2023 Waiter, there’s a bear in my free lunch… It has become customary for our May updates to discuss the well-worn market aphorism, “Sell in May. Go away. And don’t return until St Leger’s Day”. However, this year, we prefer to focus on our theme…

Why we favour equity strategies with protection at this time Avoid the risks of unprotected equities…. | MBMG IA

Economy,Inflation,Capital Market,Fed,Global Economy,Interest Rate, Monetary Policy, Policymaker, US Treasury, Stock Market There are positive factors are positive factors such as strong employment and wages data, low debt default rates and expectations that interest rates will soon fall rather than rise as inflation becomes more subdued. However, there are also many negative factors such as unsustainable…

New Initiatives “Retention & Expansion Program” and “Relocation Program.” From BOI | MBMG GROUP

New Initiatives “Retention & Expansion Program” and “Relocation Program.” From BOI | MBMG GROUP In today’s technologically advanced and globally competitive environment, there are many factors to consider when choosing an investment base. Key considerations for making investment decisions include the availability of labor, costs such as labor, taxes, and investment incentives, as well as…

Term premium The long term pain of investing in banks (in 3 charts) | MBMG IA

Term premium The long term pain of investing in banks (in 3 charts) | MBMG IA According to which version of the family history you believe, Panos Papademetriou reportedly his name either because as he was trying to find work in a New York restaurant and encountered resistance to hiring Greeks or because he fell…

Wave riders…. | MBMG Group’s Gambles on Bloomberg

Wave riders…. | MBMG Group’s Gambles on Bloomberg Paul recently spoke with Bloomberg’s Haidi Stroud-Watts and Shery Ahn on Daybreak Asia,[1] explaining that the extraordinary scale of current cross asset volatility and market churn is telling us that something major could happen and that a major factor driving this volatility is the bull whip effect stemming…

Is fixed income still broken? | Investment Advisory MBMG

Is fixed income still broken? | Investment Advisory MBMG I recently took part in a panel organised by investment profession information, thought leadership and education experts, Hubbis, to discuss “Fixed Income & Credit – Opportunities and Challenges for the Year Ahead” – A Zoom recording is available for anyone wishing to re-watch the event.[1] The…

Double Tax , What should EXPAT know? | MBMG GROUP

Double Tax , What should EXPAT know? | MBMG GROUP As an expatriate, double tax agreements (DTAs) may play a role in your personal tax affairs if you are receiving income from both your home country and the country where you are residing. As an expatriate, you may be taxed in both your home country…

Fedhex…Powell channels inner Shari Lewis

Fedhex…Powell channels inner Shari Lewis Paul was asked by Bloomberg’s Doug Krizner this week about his recent comments about fighting the Fed being both a bad idea and something of an impossibility in view of the difficulty in actually tying down the Fed’s position as it swings so dramatically from the greatest stimuli project ever…

Hope really is not a strategy……

Hope really is not a strategy…… January has been a pleasing start to the year for markets – as highlighted by the asset performance table. It’s also been a pleasing start to the year for our advisory portfolios – returning on average a little over 4.5% roughly in line with the average wealth manager portfolio,…

Everything ventured? The inevitable fall of Silicon Valley Bank (& others)

Everything ventured? The inevitable fall of Silicon Valley Bank (& others) The valley of the shadow of death The Santa Clara Valley in Northern California, better known for the last half century as Silicon Valley is home to many leading global technology companies (including the HQs of 30 of the world’s leading hi tech multinationals) along…