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Michael Mackenzie

US investment editor
Michael is the FT's US investment editor. He was formerly senior investment commentator, global markets editor in London and prior to 2015 was the US markers editor. He joined the FT's New York office in 2006 after covering US bonds and derivatives markets for Dow Jones from 2000. Prior to his journalism career, Michael was a derivatives broker for Tullett & Tokyo in Hong Kong, London, Toronto, New York and Tokyo.
Email Michael Mackenzie @michaellachlan (link opens in a new browser window)
Email Michael Mackenzie @michaellachlan (link opens in a new browser window)

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  • Saturday, 26 September, 2020
    The Long ViewAsset allocation
    Low rates and lofty stocks offer case for alternatives

    New ways of thinking are needed to invest in pandemic-hit markets

  • Tuesday, 22 September, 2020
    Financial services
    Active managers fail to beat the market again

    Two-thirds of US equity funds underperformed benchmarks over last 12 months, report shows

  • Tuesday, 22 September, 2020
    Asset allocation
    Investors wonder if the 60/40 portfolio has a future

    Mix of equities and bonds that has served savers well for decades now strikes some as unsafe

  • Saturday, 19 September, 2020
    The Long ViewCapital markets
    Lessons for investors from six months of pandemic-hit markets

    Fighting momentum is futile, but the return of inflation would create opportunities

  • Saturday, 12 September, 2020
    The Long ViewUS equities
    Why big tech stocks can weather the storm

    This week’s rare share-price drop for these businesses is a respite, not an omen

  • Wednesday, 9 September, 2020
    Markets Briefing
    Tech stocks plunge, sending Nasdaq into correction territory

    Investors pare back valuations for market high-flyers such as Tesla and Apple

  • Saturday, 5 September, 2020
    The Long ViewUS equities
    Beware what comes after the easy money binge

    History suggests the longer-term effects of policy stimulus are less rewarding

  • Friday, 4 September, 2020
    ExplainerUS equities
    ‘What just happened?’ ask bruised tech investors

    Unusual options trading by SoftBank and others gave a clue to risks building in the market

  • Thursday, 3 September, 2020
    Markets volatility
    Speculation in tech derivatives points to wild swings

    Markets predict elevated volatility after burst of trading in call options on Apple and Tesla

  • Promoted Content
  • Monday, 31 August, 2020
    Instant InsightWarren Buffett
    Buffett’s Japan investment is a bet on inflation and volatility

    The country’s trading houses provide exposure to commodities and corporate restructuring

  • Saturday, 29 August, 2020
    The Long ViewUS Inflation
    The Fed’s new framework still leaves investors guessing

    Quest for rising inflation continues but progress will reveal limits of the central bank’s powers

  • Saturday, 22 August, 2020
    The Long ViewUS equities
    Wall Street’s record run owes a lot to flattened bond yields

    S&P 500’s new high must be viewed against a vastly different investment environment

  • Wednesday, 29 July, 2020
    Capital markets
    Doctor Jay sticks with a virus contingent script Premium

    Mike Mackenzie’s daily analysis of what’s moving global markets

  • Tuesday, 28 July, 2020
    Market Forces
    How frothy is the credit trade? Premium

    Mike Mackenzie’s daily analysis of what’s moving global markets

  • Monday, 27 July, 2020
    Market Forces
    Linking real yields, the dollar and gold Premium

    Mike Mackenzie’s daily analysis of what’s moving global markets

  • Saturday, 25 July, 2020
    The Long ViewMarkets
    Europe’s bulls should enjoy their moment in the sun

    History suggests underestimating US economy can come at a cost

  • Thursday, 23 July, 2020
    Market Forces
    Further steps lower for Italian yields Premium

    Mike Mackenzie’s daily analysis of what’s moving global markets

  • Wednesday, 22 July, 2020
    Market Forces
    A US dollar slipping below the surface Premium

    Mike Mackenzie’s daily analysis of what’s moving global markets

  • Tuesday, 21 July, 2020
    Market Forces
    Reflation trades gain further altitude Premium

    Mike Mackenzie’s daily analysis of what’s moving global markets

  • Saturday, 18 July, 2020
    The Long ViewCoronavirus economic impact
    Investors need to decide whether the risk of inflation is real

    Hedges find favour but previous predictions of price rises have been wide of the mark

  • Thursday, 16 July, 2020
    Market Forces
    A reticent consumer rings a note of caution Premium

    Mike Mackenzie’s daily analysis of what’s moving global markets

  • Wednesday, 15 July, 2020
    Market Forces
    The euro makes a run ahead of forecasters Premium

    Mike Mackenzie’s daily analysis of what’s moving global markets

  • Tuesday, 14 July, 2020
    Market Forces
    Investors face an uncharted course Premium

    Mike Mackenzie’s daily analysis of what’s moving global markets

  • Monday, 13 July, 2020
    Market Forces
    Awaiting word from companies Premium

    Mike Mackenzie’s daily analysis of what’s moving global markets

  • Saturday, 11 July, 2020
    The Long ViewEquity valuation
    The coming earnings season could bring lofty stocks down to earth

    Analysts are still holding out hope for a V-shaped recovery in corporate profits

Previous You are on page 1 Next

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