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Michael Mackenzie

Senior investment commentator
Michael is the FT's senior investment commentator. He was formerly 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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  • Friday, 23 August, 2019
    The Long ViewUS Treasury bonds
    Great bond rally makes traders of investors

    As coupons shrivel and investors rely on rising prices, bonds are becoming stock-like

  • Friday, 23 August, 2019
    Market Forces
    The high wire act for central banks

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

  • Friday, 16 August, 2019
    Market Forces
    Seeking calmer waters Premium

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

  • Thursday, 15 August, 2019
    Market Forces
    Banging the recession drum Premium

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

  • Friday, 9 August, 2019
    The Long ViewMarkets
    Only a brutal shock will free markets whipsawed by trade fear

    A significant drop in US equities might convince Donald Trump to change tack

  • Wednesday, 7 August, 2019
    Market Forces
    It’s hammer time for bond yields Premium

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

  • Wednesday, 7 August, 2019
    FT CollectionsThreat of a currency war podcast14 min listen
    Podcast: Dollar versus renminbi: who has the upper hand?

    US allegations that China is manipulating its currency burst into the open again

  • Tuesday, 6 August, 2019
    Market Forces
    Awaiting the next move Premium

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

  • Monday, 5 August, 2019
    Market Forces
    Escalation heightens the pain Premium

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

  • Promoted Content
  • Friday, 2 August, 2019
    Market Forces
    Rising trade temperature sets the tone for August Premium

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

  • Friday, 2 August, 2019
    The Long ViewMarkets
    Trump’s gamble weaves monetary policy into trade war

    Investors must judge whether rate cuts can offset trade stress

  • Thursday, 1 August, 2019
    Market Forces
    Forget a hawkish hold when Tariff Man ups the ante Premium

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

  • Wednesday, 31 July, 2019
    Market Forces
    The art of dangling the ‘easing’ carrot Premium

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

  • Tuesday, 30 July, 2019
    Market Forces
    Brexit leaves the pound reeling on the ropes Premium

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

  • Monday, 29 July, 2019
    Market Forces
    Time to blow some froth off the top Premium

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

  • Friday, 26 July, 2019
    Market Forces
    The dollar remains the cleanest shirt Premium

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

  • Friday, 26 July, 2019
    The Long ViewMarkets
    Frustrated central bankers cast around for fresh thinking

    Policymakers try to influence inflation but the only obvious effect is on asset prices

  • Thursday, 25 July, 2019
    Market Forces
    Pushing on a string is the ECB’s fate Premium

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

  • Wednesday, 24 July, 2019
    Market Forces
    Waiting for Mario to spring a surprise Premium

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

  • Tuesday, 23 July, 2019
    Market Forces
    Running with the euro equity bulls Premium

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

  • Monday, 22 July, 2019
    Market Forces
    Summer time and the thinking is not easy Premium

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

  • Friday, 19 July, 2019
    Market Forces
    A central bank ‘one-two’ combination Premium

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

  • Friday, 19 July, 2019
    The Long ViewMarkets
    Toxic politics deters bargain hunters from UK assets

    Weak pound helps some British stocks but many investors have turned their backs

  • Thursday, 18 July, 2019
    Market Forces
    Hiking the equity peaks and descents Premium

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

  • Tuesday, 16 July, 2019
    Market Forces
    Navigating the minefield of crowded trades Premium

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

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