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Japan Election - Follow Up

Strategy Report ·David Roche ·09 Feb 2026

Japan Election - Follow Up Investment Conclusion There is no change in strategy: short 10yr JGBs; Neutral Nikkei and Yen (but considering a short Vs SGD, AUD and RMB (where I am already long)). The LDP and its ruling coalition results are even stronger that…

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Takaichi’s Gamble Pays Off.

Strategy Report ·David Roche ·08 Feb 2026

Takaichi Sanae's Gamble has paid off. She has broken the mould of Japanese politics with an aspirational, personality driven appeal to disgruntled voters and those weary of traditional politics. None of Takaichi's policy proposals were economically scrutinised in the campaign.…

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Japan- Takaichi’s High Stakes Gamble

Strategy Report ·David Roche ·15 Jan 2026

Japan- Takaichi’s High Stakes Gamble Investment Strategy. Ms Takaichi informed the leadership of the LDP and Ishin no Kai on Jan 14 that she will dissolve parliament on January 23. The election will then take place in early February – 8 or 9 th . The outcome…

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Navigator

Strategy Report ·QS Team ·01 Dec 2025

Navigator I am biting the bullet and cutting Japanese equity and yen positions. Keeping the short yen on. The reason is twofold: disastrous budget that will push 10yr Japanese JGB yields above Bund's at 2.7% ; and China putting Japan in the crosshairs to make an ex…

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Navigator (The Replacement of Oddbins)

Strategy Report ·QS Team ·24 Nov 2025

Navigator. The QS team tells me that “Odd bins” is a bad name because investors don’t want to look for research in a bin & my writings are garbage enough without associating them with a bin. So the new name is “Navigator”. Investment themes: Markets could be…

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Shifting Sands

Strategy Report ·David Roche ·21 Jul 2025

Shifting Sands Investment Conclusion The result of the Japanese election heralds a period of weak government at a critical time. That undermines the safe haven status of the Yen. The Yen long position in the Wealth Preservation Portfolio is being sold. A short…

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A Crude Way To Double Down

Archive Report ·David Roche ·09 Mar 2020

This Strategy Report is from the Archive, and is presented in its original format. Tags have been generated by AI. If you notice any inconsistencies, please get in touch.

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Where Are We

Archive Report ·David Roche ·23 Aug 2015

This Strategy Report is from the Archive, and is presented in its original format. Tags have been generated by AI. If you notice any inconsistencies, please get in touch.

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East Asia

Archive Report ·David Roche ·22 Jan 1998

This Strategy Report is from the Archive, and is presented in its original format. Tags have been generated by AI. If you notice any inconsistencies, please get in touch.

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Currencies: Cross-roads ahead

Archive Report ·David Roche ·17 Sep 1997

This Strategy Report is from the Archive, and is presented in its original format. Tags have been generated by AI. If you notice any inconsistencies, please get in touch.

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