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 (Q2 2024)
Conflicting signals from cycle and monetary influences on the economy and asset prices suggest increased uncertainty for equity markets, explains Simon Ward, Economic Adviser.
A “monetarist” perspective on current equity markets
Monetary trends suggest a coming inflation undershoot, argues Simon Ward, Economic Adviser.
UK MPC inaction risks sterling inflation boost
The MPC’s communications shambles is of less concern than its continued neglect of monetary trends in setting policy, argues Simon Ward, Economic Adviser.
Global monetary round-up
Global money trends continue to give a downbeat message for economic prospects but there are hopeful signs in EM Far East economies, while medium-term inflation risks could be starting to recede, argues Simon Ward, Economic Adviser.
Will industrial commodity prices fall in 2022?
Monetary and cycle considerations suggest a cooling of commodity markets but Chinese policy decisions will influence the timing of any weakness, argues Simon Ward, Economic Adviser.
A “monetarist” perspective on current equity markets – October 2021
“Stagflation” concerns are likely to persist into 2022, while investors should keep a close eye on Chinese monetary trends and G7 bank lending, argues Simon Ward, Economic Adviser.
Fade the PMI bounce
Better September PMI results are unlikely to mark a reacceleration point for global growth, argues Simon Ward, Economic Adviser.
Fed tapering: why the 2013-14 playbook could be misleading
The initial market response to the Fed’s tapering signal recalls 2013-14 but the global economic backdrop is weaker now than then, argues Simon Ward, Economic Adviser.
Global earnings momentum fading before Evergrande
The Evergrande crisis could add to cyclical headwinds but a global industrial / earnings slowdown was already under way, argues Simon Ward, Economic Adviser.
Is UK money growth normalising?
The Bank of England bears significant responsibility for the current inflation upsurge but a sharp policy reversal could compound the error, argues Simon Ward, Economic Adviser.
No recovery in global money growth in August
Monetary trends have yet to signal an end to the current economic slowdown phase, argues Simon Ward, Economic Adviser.
US profits boosted by one-offs
US corporate profits have been inflated by stock appreciation, reduced overreporting of depreciation and government subsidies. The consensus forecast for S&P 500 earnings may understate the coming drag as these temporary influences fade.