Don’t assume inflation is licked, don’t assume interest rates will stop rising, don’t assume there aren’t further bank failures to come, don’t assume politics and society will cope well, but don’t assume it’s all end of the world. In periods of financial uncertainty there is opportunity…
As Janet Yellen warns of default risk, and Jay Powell hikes rates, the risks to the global economy are mounting: a deflationary bust, or stagflation? Market confidence in the face of a deepening credit crunch is falling.
Monday is the May Day Holiday, but the weather is pants and no one has any money anyway… There isn’t much on the horizon that is clear – hunker down for more months of uncertainty.
Microsoft would rather do business in Europe than the UK when it comes to global gaming. Name me a famous European game? BIG TECH is turning stale. Bring on the next new, new thing.
First Republic’s numbers show how close it came to failure – it’s a saga of stale management and bad banking, but reinforced by the pace of rumour and sigh on social media. Will it happen again? Blain’s Rules on Bank Investment may help you avoid the bad’uns..
Markets are confused by rates, inflation and recession risks, wondering what central banks will do. The smart money gets it – Central Banks are on top of this, and have the fine controls to avoid crises becoming catastrophes. Meanwhile… why is my drinks cupboard full of craft gin?
The SpaceX Starship will be a wonderous thing, and Tesla is a great car company, but does Elon Musk have the time to keep them on track while trying to figure out what to do with his Twitter unwanted stepchild? He’ll come up with something nifty, like X Corp, to fuddle it through..
Markets are thriving, but the news tone is miserable.. how does that happen? Markets aren’t pricing in a rising tide of political friction, plus rising inequality of wealth and opportunity – but these things ultimately matter.
The primacy of truth, honesty and distinguishing the difference between a lie presented as irrefutable truth, and politically inspired balderdash was restablished last night. It matters.. And will cost Fox News and Rupert Murdoch more than just the $787 million settlement. It might just save democracy.
China will remain the driver of global growth as the West continues to slide. The economy is reopening swiftly, raising increased fears of de-dollarisation. It’s easy to get emotional, but the reality is its happening, get used to it, and figure out the outcomes. They may surprise you..
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