The following is excerpted from a July 26 conversation between two partners. The discussion focuses on the outlook for semiconductors and AI, geopolitical developments in the Middle East and their market implications, the potential impact of the U.S. midterm elections, and Federal Reserve policy. It covers major asset classes including equities, fixed income, and gold. […]
Editor’s note: The following is adapted from a May 9 2026 video discussion between two partners at iOne Capital. The conversation covers the U.S.–Iran conflict, semiconductors, gold, Bitcoin, private credit, and broader market risks. Liu: A little over a month ago, we had a dedicated discussion on the U.S.–Iran conflict and its possible trajectory. At […]
This article is adapted from a March 18 2026 discussion between two partners at iOne Capital regarding the latest round of conflict among the United States, Israel, and Iran. The discussion covers the historical, political, and military context of the three countries. The original video is available on our video channel. I. Origins of the […]
The following discussion is adapted from a January 19, 2026 conversation between two partners at iOne Capital. As part of our annual review and outlook, this episode provides a comprehensive discussion of the Trump administration’s domestic and foreign policy logic across economic, political, and social dimensions, and analyzes the implications for major asset classes. Liu: […]
According to the latest developments as of January 3, 2026, U.S. forces captured Nicolás Maduro in an operation code-named Operation Absolute Resolve. This event has triggered major international reaction and controversy. It also marks a significant strategic shift by the United States in the Western Hemisphere. This article summarizes the motivations, operational model, and likely […]
The following discussion is adapted from a November 7, 2025 conversation between two partners at iOne Capital. The conversation focuses on major asset classes — equities, bonds, gold, and Bitcoin — as well as real-time political developments, including the policy implications of New York City’s mayoral election and the Supreme Court’s review of Trump’s tariff […]
At the Third China Overseas Fund Summit and Overseas Fund Xinzhi Awards Ceremony, hosted by leading Chinese financial media outlet Zhitong Finance in 2025, iOne Capital received the Star Global Macro Strategy Fund Award in the 5–10 Year Category. iOne Capital was the only fund winner in this category. Dr. Yifan Liu, Partner at iOne […]
The following discussion is adapted from a July 26, 2025 video conversation between two partners at iOne Capital. Topics include: Introduction: How to Find the Truth Liu: Before we begin discussing U.S. political and economic developments, let’s start with a question investors often ask. We all know that the current U.S. political environment has created […]
The following interview transcript is adapted from a recent iOne video discussion focused on Japan’s “lost decades” and its subsequent “recovery.” In the conversation, two iOne partners discuss the root causes of Japan’s economic stagnation in the 1990s, the reforms and transformations that followed, Japan’s medium- to long-term strengths and weaknesses, and the implications for […]
1. The Worst and Best of Times In the first half of 2022, U.S. equities experienced their largest first-half drawdown in the past 50 years. U.S. bonds, meanwhile, suffered their largest drawdown in more than 200 years. Everywhere one looked, the outlook seemed bleak. Inflation was at its highest level in decades. Consumer confidence had […]