On Holiday: So, Farewell to all that…
One simply can’t ignore a bleeping email. So much for being on holiday, but this week I will simply observe and repeat: please don’t break the market while I’m out!
Blain's Morning Porridge
Financial Commentary for Smart People
Blain's Morning Porridge
Financial Commentary for Smart People
Category Markets
Part 1: What to fear most? Markets? Energy? America or China?
October is the cruellest month for markets. What to fear most? Markets? Energy? China? or America? Or will it be a “no-see-um” that sinks us?
Remember
Remember
Be very suspicious of banks declaring diversity goals
Don’t be fooled by thin summer markets – the world has changed, markets no longer take August off. Yet, finance changes slowly - for all the talk about diversity it’s taking generations to change the mindset and sense of entitlement that underlies markets. Maybe a good shock will be no-bad-thing – but banks making statements about their diversity ambitions should be treated with suspicion.
Coronavirus remains a destabilising threat
As Freedom Day in the UK approaches, just what are the risks? Rising infections, and more virulent and dangerous mutated variants could still put a kybosh on reopening. Are we doomed to a repeating cycle of lockdowns? And what could that mean for markets? Probably another opportunity..
Complacent Goldilocks Got Eaten by Bear
The weather on the Pacific Northwest has turned ugly, as might the financial weather if the current degree of market complacency proves unfounded!
Viva la revolution! Futbol Libre! Futbol Libre!
Football, the beautiful game, is anything but pretty this morning. Could the mass-revulsion trigger something fundamental in terms of the shift towards stakeholder capitalism? Meanwhile, markets remain on highs, but there as signs the madness has gone too far. Do cracks in cryptos and over-priced stocks mean a wobble is coming? And, as the Shanghai Motor Show gets headlines – how deep is Tesla’s Moat? Not very…
Buy, Eat, Buy, Sleep, Repeat?
Markets are priced for perfection in a very imperfect world. As stocks hit new highs, are the bulls or bears correct? Politics are likely to be the major influence on where we go next, but lurking around the next corner might just be inflation.
Brace, Brace, Brace: Global Supply Chains, Instability and Archegos
You could not make this up; an unimaginably complex WW3 Techno-thriller unfolding as markets stumble and global supply chains hover on the edge of anarchy. On the other hand, maybe that’s just the way it was planned.
Lochaber No More
Everyone thinks current market volatility is due to the bond market acting like a bully. When it lashes out the market sells off in fright. Volatility is elevated and everyone is flustered about bursting bubbles