Simon Ward
Simon is a partner at NS Partners LLP and is Economic Adviser to Janus Henderson Investors in London, a role he has held since 2009. He previously worked at New Star Institutional Managers, Lombard Street Research and Bank Julius Baer. He has degrees in economics and finance from Cambridge University and Birkbeck College, London.
Articles Written
A “monetarist” perspective on current equity markets
Monetary trends suggest a coming inflation undershoot, argues Simon Ward, Economic Adviser.
Eurozone monetary update: false hope from broad money
Growth of broad money M3 has unexpectedly rebounded but coming lending weakness and technical factors suggest a reversal, while narrow money trends continue to weaken, argues Simon Ward, Economic Adviser.
UK recession gathering pace at end-Q3
A plunge in job vacancies suggests that economic conditions worsened sharply at the end of Q3, argues Simon Ward, Economic Adviser.
Will Truss largesse reverse dangerously weak UK money trends?
The Bank of England should wait to assess the monetary implications of fiscal loosening before responding with further tightening, argues Simon Ward, Economic Adviser.
Cyclical sectors still vulnerable
Cyclical equity market sectors have cheapened against defensive sectors (ex. energy) but monetary / economic conditions suggest that a major relative low is still quarters away, argues Simon Ward, Economic Adviser.
Chinese money update: net improvement
Monetary trends cast doubt on consensus pessimism about economic prospects, argues Simon Ward, Economic Adviser.
Is the high yield rally sustainable?
Several indicators suggest further credit market turbulence ahead, argues Simon Ward, Economic Adviser.
US banks signalling H2 credit crunch
Actual and expected credit tightening is consistent with a recessionary scenario, argues Simon Ward, Economic Adviser.
Global money trends signalling policy overkill
June money data confirm a grim economic outlook and rising medium-term deflation risk, argues Simon Ward, Economic Adviser.
Recessionary dynamics
The consensus was complacent about recession risk and is now underestimating its likely severity, argues Simon Ward, Economic Adviser.
Chinese money update: recovery on track but further easing needed
Chinese money trends continue to improve but aren’t strong enough to insulate the economy from global economic weakness, argues Simon Ward, Economic Adviser.
A “monetarist” perspective on current equity markets – July 2022
Economic prospects are grim but inflation relief is on the horizon and the monetary backdrop for markets is likely to improve during H2, argues Simon Ward, Economic Adviser.