The Chinese must be delighted, but Donald J Trump is not the problem, just a symptom of crisis within Democracy. The issue is how it plays out for markets in terms of future global alliances, trade, economic growth and prosperity - the signs are not looking good.
Fears of a full-on Commercial Real Estate Crisis are mounting as rising rates, a dearth of credit and a record redemption schedule combine into a perfect storm – but the market is already expecting it, so what will be the credit event or no-see-um that tiggers a market meltdown?
Q2 opens up with a new oil shock, but after the volatile start to 2023 what will roil markets next? Might it be further geopolitical instability?
The UK announced a new energy strategy – but its nonsense. It’s not a transition plan, but a ploy to placate the courts. We need better if the UK is take advantage of the opportunity Climate Change and Renewable Energy represents.
- Blain’s Morning Porridge, Banks, Bonds, Businesses, Capitalism, central banks, commodities, corporate debt, Currencies, Debt, distortion, Economy, Equities, Financial Assets, Financial Crisis
Markets are taking a breather after the recent wobbles, but the threat board has never looked, well, more threatening! Relax. Go see Guys and Dolls instead and treat yourself to a great night out.. tomorrow it will be miserable again!
The current crisis (?) is another step in banking’s progress towards an evolutionary dead end. The future doesn’t need banks. It will need smart risk takers, and new ways to originate and distribute risk.. an opportunity for banks clever enough to evolve!
Part 2 of the London Rent Crisis. London, and whole UK housing market, is broken. Demand greatly exceeds supply allowing rotten greedy landlords to game the system and abuse tenants. Can it be fixed – absolutely…
The Media love financial crisis – it sells. The reality is the need to understand, plan, prepare, and don’t expect anything you expected to happen, happen. Enjoy. Sun comes up tomorrow.