Politico Morning Exchange: The counter-intuitive view comes from Jay Pelosky of Pelosky Global Strategies, a global investment advisory boutique. “Conventional wisdom towards Europe suggests all is lost and it’s only a matter of time before the EU disintegrates. I disagree and believe that the combination of Brexit and Trumpian rhetoric could lead the EU to greater integration. Think of what occurs when one stares into the abyss and contemplates a future never expected; it concentrates the mind,” he writes in his latest missive to clients. “This perspective suggests markets are PAST peak EU and euro bearishness.”
BloombergTV Daybreak: Why PGS Likes European Banks
In this Bloomberg TV appearance I lay out the investment case for European banks. My comments focus on sentiment where I argue we are past peak EU bearishness, geo politics where I expect Brexit and Trumpian rhetoric to drive closer EU integration, not disintegration, economics where I highlight Europe’s superior growth path and sector specific valuation (cheap) and ownership (under owned).
ETFJobs.com: The 2017 Global Investment Outlook
ETFJobs.com: Top 5 Trades for 2017
ETFJobs.com: 2017 Investment Outlook: America First?
Fox Business: The impact of less regulation on the economy
Pelosky Global Strategies founder Jay Pelosky and BMO Private Bank chief investment officer Jack Ablin on how higher rates and a Trump presidency will impact Wall Street.
MSCI Global Nexus Presentation
2017 Global Investment Outlook Presentation China 2016
ITAU: 2017 Global Investment Outlook: America First?
Here, I utilize my Global Risk Nexus framework to assess: economics, politics, policy and markets with a focus on the 6 key geo economic questions, the prospects for Pres. Trump to pull a Nixon and embrace Mexico as well as THE economic surprise of 2017: Japan’s return to inflation. The market outlook includes clear calls on equity vs debt, US vs Non US, DM vs EM, credit vs duration, $ vs non $ and concludes with the Top 5 Trades for 2017.
JOBS IN ETFS: ETF Stars - Stories that will Inspire you
Jobs in ETFs talked to Jay about his challenging career start, taking risks, combating uncertainties and exciting career journey.
POLITICO MORNING EXCHANGE: Globalize this — Fed lifts Hillary — Seinfeld’s Brexit
I concur with Jay Pelosky, a macro strategist, when he postulates a future...
ITAÚ: The Second Half Forecast: Partly Sunny, Chance of Thunderstorms
Risk markets have been on a tear notwithstanding Brexit and the continued markdown of global growth estimates. The risk allocation tug-of-war between weak economic fundamentals and supportive market (technical and sentiment) indicators has gone to risk-on over the past month or so, with equity markets up, some sharply, since Brexit.
RISK REVERSAL: Risk Reversal Reports of the Dollar’s Death are Greatly Exaggerated
In early March, my friend Jay Pelosky made a cogent case Why the World Needs a Weak Dollar. That was when the U.S. Dollar Index (DXY) was very near its multi-year highs. Here was his main point.
ITAÚ: Brexit Is the Canary, US Election the Coal Mine
Back in the day, the canary in the coal mine served as an early warning signal for when air quality became too poor to support the miners: when the canary hit the ground, it was time to exit. Nowadays, this saying is used to suggest when one event is a warning of another. In today’s financial market context, the uncertainty surrounding the UK’s Brexit debate is the canary for what the US and global markets more broadly are about to experience in the run-up to November’s US presidential election.