Valerie Chai

Japan’s Yield Curve Sends a Signal: Are We Approaching the Limits of Debt Absorption? By Tigris Asset Management | May 2025 This week, headlines out of Tokyo triggered a sharp rally in Japanese government bonds (JGBs) and long-end U.S. Treasuries alike. According to sources, Japan’s Ministry of Finance is considering trimming issuance of super-long bonds … Japan’s Yield Curve Sends a Signal: Are We Approaching the Limits of Debt Absorption?

By Tigris Asset Management | May 2025 The U.S. House of Representatives has passed the Trump tax bill 2025, an extension of the previous tax cuts that is projected to add over $2 trillion in federal debt over the next decade. While this massive fiscal development might be expected to rattle markets, the reaction has … Trump Tax Bill 2025: Calm Markets, But Debt Warning Lights Are Flashing

By Tigris Asset Management | May 2025 After a relentless rally, consolidation has finally returned. The S&P 500 snapped its winning streak, global equities pulled back modestly, and geopolitical tensions reemerged just as investor optimism started peaking. The trigger? Reports of a potential Israeli strike on Iranian nuclear sites, rising bond yields in Japan, and … Why Markets Are Entering a New Phase of Market Fragility

Moody’s Downgrade & Trump-Putin Talks May 2025 — Market Implications & What Investors Should Watch Markets showed remarkable composure this week. Despite Moody’s downgrade of the U.S. credit rating to AA1 and headline-grabbing peace talk signals between Trump and Putin, U.S. equities reversed losses, Treasuries rallied, and volatility remained contained. But beneath the surface, the … Moody’s Downgrade & Trump-Putin Ceasefire

Moody’s US Credit Downgrade 2025: Market Sentiment Sours as Asia Opens LowerBy Tigris Asset Management | May 2025 The Moody’s US credit downgrade to AA1 from AAA over the weekend has reignited investor concerns about fiscal sustainability, sovereign credibility, and the potential return of the “Sell America” trade. Asian equity markets opened lower, while S&P … Moody’s US Credit Downgrade 2025: Market Sentiment Sours as Asia Opens Lower

By Tigris Asset Management | May 2025 The April 2025 CPI and US-China tariff truce offered some optimism, but the signals remain far from clear. While equity markets extended gains, volatility fell, and risk assets rallied, deeper structural questions remain. Is this a moment of genuine momentum — or just another pause in a confusing … US-China Tariff Truce: What Markets Are Really Telling Us

May 2025 | Global Insight on U.S. Global Leadership  Global leadership doesn’t end with a bang. It erodes in stages — through mismanaged debts, broken domestic trust, fraying alliances, and a rising competitor that moves with greater clarity. That’s the world we are stepping into now. Amid headline-grabbing trade deals and diplomatic tours, deeper currents … Can U.S. Global Leadership Sustain? Or Is It Already China’s Century?

By Tigris Asset Management | May 2025 The recently announced 90-day pause in tariffs between the U.S. and China marks the first major trade move of the second Trump administration. While it offers short-term relief to businesses and investors, the underlying tensions between the world’s two largest economies remain unresolved. This is not a pivot … U.S. China Tariff Pause: Tactical Reset or Strategic Stalemate?

Strategic Leverage can be a powerful investment strategy when used correctly. It enables investors to magnify exposure and returns, but poor application increases risk and volatility. This article explores when leverage creates value — and when it threatens capital. When Strategic Leverage Is Justified 1. Clear Return Above Cost of Capital When expected returns comfortably … Strategic Leverage: When It Works — and When It Doesn’t

US–China trade talks In the world of global finance, words are not cheap — they move billions. And this weekend, investors were hanging onto every word from Washington and Beijing as US–China trade talks resumed behind closed doors. While early feedback from both sides has been cautiously optimistic, markets remain nervously range-bound. Why? Because President … Why US China Talks, Trump’s Tariff Gambit, and Fed Patience Matter Now