South Korea

Today on INK Ultra Money, we are treated to Hugh Hendry's colourful interview with Richard Werner who wrote Princes of the Yen which takes a critical look at the behavior of the Bank of Japan and other central banks. However, Werner provides a prescription for improving the role of central banks, and without giving away the punchline it does not involve aggressive interest rate policy. Reading between the lines, Hendry and Werner also point to a weak spot for Canada (think reliance on housing asset inflation). Werner also makes a bold prediction that the influence and roll of central banks is going to keep getting bigger. Central bank backed digital currencies could even help pave their road to dominance.

Speaking of getting things right, we continue to ask will it be a G or D economy in the years head? It is a critical question for the asset allocation decision as inflation-sensitive stocks should do well under a G scenario while bonds and bond proxies such as software stocks could outperform in a D-economy world. In our latest free Insights newsletter, we report that insiders are signalling that the odds of a G-economy appear to be picking up. With that in mind, today INK Research looks at a stock that could enjoy a G-economy world.