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.
Microfoni Accesi – Macro-update Simon Ward
Registrati alla nuova puntata di Microfoni Accesi in cui proveremo a rispondere ad alcune delle domande più gettonate per i mercati insieme a Simon Ward, Economic Adviser, che offrirà un aggiornamento sulle prospettive macroeconomiche e la rilevanza che queste rivestono per i mercati finanziari, sulla base del suo approccio di previsione distintivo che enfatizza le tendenze e i cicli monetari.
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.
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.
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.
More recession-consistent US data
The recent pace of decline of the OECD’s reliable US leading indicator is on a par with prior downturns, argues Simon Ward, Economic Adviser.
Why has US money growth slowed?
Treasury “overfunding” of the federal deficit has been a major drag on US money growth but a coming reversal will be offset by Fed QT and a slowdown in bank lending, argues Simon Ward, Economic Adviser.
Recession-consistent real money weakness
April money / CPI data reinforce gloom about global economic prospects for the remainder of 2022, argues Simon Ward, Economic Adviser.
Monetary relief for bonds?
Global six-month real narrow money growth fell further below industrial output expansion in March but the gap is likely to narrow as CPI and output momentum cool, a development historically associated with a fall in Treasury yields, argues Simon Ward, Economic Adviser.
G7 money trends promising 2023-24 inflation relief
Recent monetary trends, if sustained, are consistent with inflation rates returning to target by 2024, argues Simon Ward, Economic Adviser.
Inflation lessons from the 1970s
Policy laxity in the mid-1970s allowed high inflation to become entrenched but central banks have already engineered an effective tightening and money trends suggest that planned rate hikes will result in overrestriction, argues Simon Ward, Economic Adviser.