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Uncertainty as a Certainty – Wealth Preservation Portfolio

Strategy Report ·David Roche ·30 May 2025

Uncertainty as a Certainty – Wealth Preservation Portfolio Investment Conclusion There are no changes to the Wealth Preservation Portfolio this week. The ruling by the US Court of International Trade (USCIT), that the President’s use of the International Emergency Ec…

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News

Trump Trade Policies in disarray

Update ·David Roche ·29 May 2025

The US Court of International trade has ruled that the Trump Administration’s trade tariffs, both reciprocal and fentanyl, are illegal. The US Court of International Trade says Trump overstepped his authority - using a 1977 federal economic emergency law. The law does not …

Report
Report

The Phoney Peace?

Strategy Report ·QS Team ·13 May 2025

The Phoney Peace? Investment Conclusion The market reaction to reduced US-China tariffs is unwarranted. The S&P 500 has clawed back all of its post Liberation Day losses and is only 5% below its peak. The existing tariffs and uncertainty will do a lot more…

Media
Podcast

Peter Lewis Money Talk

Podcast ·David Roche ·06 May 2025

An in-depth discussion of Trump policies on Tariffs and Alliances. Mark Nicholsen, Barry Woods, Peter Lewis and David Roche discuss: has uncertainty peaked? Why no damage yet to US economy? The delay factor inherent in disruption to supply chains. The future of the US$ safe have…

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News

China Spokesperson Statement on US Tariff Talks

Update ·QS Team ·02 May 2025

China Spokesperson Statement on US Tariff Talks This is the statement (translated) this morning" “China has noted the repeated statements from senior US officials expressing a willingness to negotiate with China on tariff issues. At the same time, the US side has r…

Media
Podcast

RTHK: The Close with Carolyn Wright and Richard Harris

Podcast ·David Roche ·29 Apr 2025

A great discussion on the power struggle between the US & China. Why China has escalation dominance. What it means for US assets, The European angle in new alliances with China?

Media
Podcast

Peter Lewis Money Talk: a lively discussion on the Trade War theme of who will suffer most and blink first: the US or China

Podcast ·David Roche ·23 Apr 2025

This is a good debate on the workings of a trade war, who pays and why the US suffers most. We spend time analysing why the US concept that it holds the cards is just plain wrong and is a miconception of escalatory dominance in a trade war. We look at who will suffer most and w…

Report
Report

On a Train in China

Strategy Report ·David Roche ·20 Apr 2025

On a Train in China Investment Conclusion The US confrontation with China will escalate further. China has escalatory dominance. And the confrontation is an opportunity for Beijing to pursue other goals left by the vacuum of US soft power withdrawal and the injury cause…

Report
Report

The Weaponisation of Economics - (Part 1: The Escalation Ladder Viewed from China)

Strategy Report ·David Roche ·14 Apr 2025

Investment Conclusion Here’s the thing! You do not have to speculate about the fate Chinese holdings of US Treasuries to work out how the trade war will cause a US recession and a fiscal crisis. Just take a look at trade war “escalation dominance” from China’s perspectiv…

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