2264485

Larry Hatheway

Global Investment Strategist

Larry Hatheway is group head of Investment Solutions and group chief economist at GAM Holding AG in Zurich.

Latest

Looking up.

Bloomberg Opinion

The Dollar's Rebound Is More Mystery Than Economics

Exchange rates are intrinsically more difficult to forecast than most other economic or market variables.

May 1, 2018

May 1, 2018

OpinionLarry Hatheway

The Dollar's Rebound Is More Mystery Than Economics

Exchange rates are intrinsically more difficult to forecast than most other economic or market variables.

Looking up.

February 27, 2018

February 27, 2018

OpinionLarry Hatheway

Equity-Market Smiles Don't Have to Become Frowns

A balanced portfolio of stocks and bonds is the worst of all choices if inflation begins to accelerate.

1519748633_hatheway-smile2

February 15, 2018

February 15, 2018

OpinionLarry Hatheway

Welcome to the Post-New Normal Era in Markets

With higher U.S. wage inflation, market participants will begin to doubt the Fed can remain committed to "gradual normalization."

1518644978_hatheway-postnewnormal

January 22, 2018

January 22, 2018

OpinionLarry Hatheway

Trump's First Year Echoes Obama's Record on the Economy

The two presidents are in a dead heat in terms of gross domestic product and real consumer spending.

1516402465_hathewaytrumpobama

October 17, 2017

October 17, 2017

OpinionLarry Hatheway

The Balanced Portfolio Has Had Its Time

The days are numbered for the multi-asset trinity of positive correlation, high return and low volatility.

1508189802_hatheway

July 17, 2017

July 17, 2017

OpinionLarry Hatheway

Why Stocks Can Shrug Off Bonds

As long as growth and inflation expectations move within acceptable ranges, equities will probably grind higher.

1500253263_hatheway-stocksbonds

June 7, 2017

June 7, 2017

OpinionLarry Hatheway

Europe's Central Bank Is the World's Most Important

The ECB's moves are influencing not only European bonds, but Treasuries, too.

1496765468_hathewayecb

May 11, 2017

May 11, 2017

OpinionLarry Hatheway

Stocks Aren't as Pricey as This Ratio Suggests

The Shiller P/E ratio is high, but a valuation-based crash is unlikely so long as global earnings continue to grow.

1494447355_hathewawaycape