H2 2025 - Forecasted accurately the resilience and continued acceleration in Taiwanese GDP growth in the face of higher US tariffs and related uncertainties. The final Q3 print came in at 8.2%, a touch below our top-of-the-range 8.4% forecast and miles above the initial 6.3% consensus, which would have implied a sharp slowdown from Q2’s 8.0%.

April 2025 - Correctly flagged the out-performance of EM Asia equities over China post-“Liberation Day”. This run is still ongoing as of early-2026, with the ratio of the MSCI EM Asia ex-China Index over the MSCI China Index currently up about 40% from its low in mid-March 2025.

2024/25 - Ahead of the curve in predicting the severity of India’s cyclical growth slowdown to just 5% growth in 2024, and in forecasting the depth of the 2025 headline inflation slump. Annual average inflation fell to a record low of 2.2% last year.

2024/25 - Forecasted in late-2024 that BI and the BSP’s terminal rate in 2025 would be 4.75%; the previously more hawkish consensus adopted our once-extremely-dovish views on both fronts through 2025. The end-2025 BI and BSP benchmark rates were 4.75% and 4.50%, respectively.