Markets love drama… from the next corupto-coin exchange to collapse, rising interest rate threats, and riots in China in the face of a Covid meltdown. But drama and reality seldom coincide – events are more prosaic!
How will free-market economies resolve crashing discretionary spending, wage inflation and looming recession when income inequality is so blindingly obvious to electorates? Something has to change.
We’ve all been scammed into believing Black Friday is a boon for consumers – it’s a marketing scam. What else might lurk around the corner in terms of free stuff? How about abundant and free energy. Careful what you wish for…
2022 has been a challenging market, and its likely to reveal to millions of savers just how poorly their money is managed. Its time to have some serious discussions about asset management and how to focus on serving clients, rather than them as big businesses!
As we approach US Thanksgiving – the start of holiday markets, the markets seem convinced we’re back on an upward path, but the reality is the new economic and inflationary cycle may only just have begun..
Twitter looks to be the most chaotic acquisition of all time, but underneath the madness there may be considerable guile, logic and a long term plan. Experience teaches not to underestimate Musk, but trust him considerably less far than he could be thrown! It might just be brilliant.
After some tumultuous weeks in global markets, where do we go from here in terms of the dollar, inflation, energy, China? It’s all terribly complex, but probably good news for some and bad for others. The UK is likely on the loser list.
UK Chancellor Jeremy Hunt did an excellent job presenting a tough Austerity budget as a route to potential future growth, but Labour has many valid points: words are cheap, actions speak louder, and the Tories were straightjacketed into Austerity by their previous incompetency.
The UK is about to commit Economic Suicide – Austerity spending into the teeth of a raging (but short-term) inflation gale, and looming recession. Today will cost the UK future growth, loss of soft power and influence, and leave the nation further deflated, broken and ultimately divided. But political and economic incompetence leaves few alternatives.
COP27 is proving a Tower of Babel, but the world is waking up to the reality of climate change and the opportunities it will be bring for climate change mitigation and renewable energy investments. Just don’t let the current financial industrial complex be setting the route-map! We need disruptive climate change investment!
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