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..
Markets are in wait and see mode – inflation, rates, earnings and all the rest weigh upon them. Back in the real world, the economic reality for young workers trying to find housing security in London feels more and more broken.
esterday’s US CPI numbers look good at a glance, but the reality is the Western economies may face ongoing sticky inflation and long-term stagflation while reversing the economic damage of a decade plus of monetary experimentation. That requires new investment approaches.
Bitcoin’s recent gains are about as relevant as Liz Truss. But banks, earnings, inflation, rates and investment remain critical. Now shadow banking investment is under threat – which isn’t going to help.
By some freakish temporal rift, a Morning Porridge from 10-years in the future was delivered into my email box last week – describing the monumental political and economic events of the last decade… Freaky eh? Who would expect such a thing…? It happens…
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.