Microsoft taking a controlling stake in ChatGPT highlights how the world is going to change as AI becomes embedded across news, data and analysis. Compare my take on the market with the AI. As GPT rolls out it will trigger a new Tech revolution, but how will it be controlled and what are the dangers?
The failure of Virgin Orbit to achieve the first successful satellite launch from the UK is disappointing. It puts the opportunities for space business under the spotlight. There is money to be made, but how, and by whom?
Political instability is turning into a global competition as Bolsonaro supporters storm Brazil’s Government, the CCP reopen China’s Borders to chaos, and the US Speaker deals with political hi-jackers to secure his seat. All will have consequences and should make markets nervous.
The UK’s Met Office says it was warmest year on record – what does that mean in terms of climate change opportunities in the long-run, and how the geopolitical threat mellows now that General Winter has abandoned Putin?
What is the Fed really thinking? They will probably er on the side of lower rates to avoid recession, running the risk of entrenched wage growth. Soft landings are the stuff of myth! How it effects the global economy is critical.
Watch the Bond Markets. In bonds there is truth. Brutal, uncompromising, painful truth. When the crisis comes, it will hit bond markets first.
Markets are just enormous voting machines calculating the opinion of every participant, therefore no single “idiot” can drive them.. but they can certainly influence how the other participants vote.
Markets are slumbering down for the next 10 days. Time to relax – if you can. It’s been an “interesting” year – and it’s going to remain that way going forward. Lots to worry about, but lots of opportunities to seek out!
Never hold a referendum unless you can be sure of the result. Musk has broken the Cameron rule, and leaves himself exposed and looking foolish. It may mean we’ve passed Peak Musk, and the bubble around his extraordinary assent has burst. And, as Nurses stage a second strike day, some thoughts from an NHS A&E department.
Christmas is coming, but plenty still to think about in terms of markets; from the lessons on Covid re-opening in China, what Tesla’s shareprice tells about the resurgence of common sense, and the prospects of 2 years of dither into the very necessary general election the UK needs to move forward!
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