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Colin Lloyd

Colin has worked in the financial and commodity markets since 1981. He started his career in physical commodities moving on to a futures and options brokerage in 1987. Here he focused on servicing bank proprietary traders, global macro and relative-value fixed income hedge funds together with managed futures advisors. He was also instrumental in the development of interest rate and credit default swaps businesses. In December 2013 he launched a macroeconomic newsletter – In the Long Run – focussing on macroeconomics and financial markets. He has recently became a director of AAIN - Asian Alternative Investments Network – a non-profit industry group with which he has been involved since its inception in 2007.

Italy and the repricing of European government debt
Economics21 June 18

Italy and the repricing of European government debt

By Colin Lloyd

  The yield spread between 10yr BTPs and Bunds widened 114bp in May Populist and anti-EU politics were the catalyst for this repricing of…

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Robots, employment and the mis-measurement of productivity
Economics25 May 18

Robots, employment and the mis-measurement of productivity

By Colin Lloyd

UK productivity – output/hour has risen 1.5% in a decade UK unemployment, at 4.2%, is the lowest since April 1975 UK real-wages have risen…

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Is the US exporting a recession?
Economics8 May 18

Is the US exporting a recession?

By Colin Lloyd

The Federal Reserve continue to raise rates as S&P earnings beat estimates The ECB and BoJ maintain QE Globally, corporations rely on US$ financing,…

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Inflation or Employment
Economics2 May 18

Inflation or Employment

By Colin Lloyd

Inflationary fears are growing and US rates continue to rise Employment has become more flexible since the crisis of 2008/2009 Commodity prices have risen…

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What to expect from Central Bankers
Economics9 April 18

What to expect from Central Bankers

By Colin Lloyd

The Federal Reserve continues to tighten and other Central Banks will follow The BIS expects stocks to lose their lustre and bond yields to…

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Stocks for the Long Run but not the short
Economics28 March 18

Stocks for the Long Run but not the short

By Colin Lloyd

In the long run stocks outperform bonds For a decade stocks, bonds and real estate have risen in tandem The risk of a substantial…

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Are we nearly there yet? Employment, interest rates and inflation
Economics13 March 18

Are we nearly there yet? Employment, interest rates and inflation

By Colin Lloyd

Rising interest rates and inflation are spooking financial markets Unemployment data suggests that labour markets are tight Central Banks will have to respond to…

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A safe place to hide – inflation and the bond markets
Economics19 February 18

A safe place to hide – inflation and the bond markets

By Colin Lloyd

US bond yields have risen from historic lows, they should rise further, they may not The Federal Reserve is beginning to reduce its balance…

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A warning knell from the housing market – inciting a riot?
Economics7 February 18

A warning knell from the housing market – inciting a riot?

By Colin Lloyd

Global residential real estate prices continue to rise but momentum is slowing Prices in Russia continue to fall but Australian house prices look set…

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The risk of a correction in the equity bull market
Economics25 January 18

The risk of a correction in the equity bull market

By Colin Lloyd

Rising commodity prices, including oil, are feeding through to PPI Unemployment data suggests wages may begin to rise faster Federal Reserve tightening will continue,…

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