Category QE

Blain’s Morning Porridge Bitcoin Bonds Capitalism central banks Climate Change Economy Financial Assets geopolitics Global Growth Markets QE stagflation UK USA

Big Shifts last week set to dominate markets long term

Last week saw a succession of fundamental shifts in how the global economy is working: inflation, China’s reopening, western politics, crypto, Climate Change, Tech stocks, and in Ukraine. These all have significant potential market implications.

China, COP27, Cryptocurrencies, Global Tech, Inflation, US politics
Bill Blain
November 14, 2022
6

Blain’s Morning Porridge Bonds Capitalism central banks Fed Market Crash QE

Bernanke and Dimon: A curious moment in Markets

While Jamie Dimon warns of recession, Ben Bernanke is picking up a Nobel Prize – yet the roots of the multiple crises threatening to overwhelm markets and topple capitalism lie in the solutions they led 14 years ago. They saved the world then – who will rescue it this time?

Blain’s Morning Porridge Alternative Assets Bonds corporate debt Debt ECB Monetary Policy QE

Bond Markets – Don’t Panic Captain Mainwaring (but don’t look behind you…)

In bonds there is pain as prices tumble – but that does not change the fundamentals of investing in bonds. The risk is rising bond yields will expose the dangerous over-valuations low rate distortion has caused across other financial-assets, perhaps causing more than a few bubbles to pop.

Bond Market 101, Credit Markets, Monetary Experimentation, Sovereign Debt
Bill Blain
March 30, 2022
9

Blain’s Morning Porridge central banks interest rates QE Regulation

Taper, Rates, Bond Markets and Consequences

The Fed finally begun its cautious taper and the market did not immediately self-destruct… but the consequences of 14 years of central bank experimentation, regulatory overkill and the “processification’ of markets will have consequences… they may be bleak…

Blain’s Morning Porridge central banks Government Inflation QE USA

The Consequences of Kabul

The shocking return of the Taliban dominates the headlines. It has critical implications for markets. Biden’s loss of credibility creates many hurdles and could drive the US towards isolationism – bruised by yet another flawed foreign adventure. Meanwhile, markets struggle with inflation and climate consequences.

Climate Change, Covid, Inflation, markets, President Biden
Bill Blain
August 16, 2021
10

Blain’s Morning Porridge Alternative Assets Bonds QE Stocks

Watching the Sky for Clues

There is general sense “something wicked this way comes” towards current priced for perfection markets, but trying to define the exact N0-see-um likely to trigger a market correction or meltdown is a notoriously pointless game. However, there are plenty of ways to prepare for whatever comes next….

Alternatives, bonds, Football, Imminent crash?, Meteor Strike, stocks
Bill Blain
April 20, 2021
5

China Covid QE

Blain’s Morning Porridge – June 8 2020: Plans Change..

Blain’s Morning Porridge – June 8th 2020 – Plans and Expectations Change “I Choose Violence.” When the narrative starts to…

Bill Blain
June 8, 2020

QE Rant

Blain’s Morning Porridge – June 1 2020: The Disconnect Widens

Blain’s Morning Porridge – June 1st 2020 – The Disconnect Widens “Lemon tree very pretty and lemon flower is sweet.…

Bill Blain
June 1, 2020

Europe Germany QE

Blain’s Morning Porridge – May 6th 2020 Europe Wobbles

Blain’s Morning Porridge – May 6th 2020 “Let us sing more cheerful songs, more songs full of joy!” I am…

Bill Blain
May 6, 2020

Covid Europe Markets QE

Blain’s Morning Porridge – May 4 2020 – Is it Spring Time?

Blain’s Morning Porridge – May 4th 2020 “Why that’s absurd, the wing is on the bird” Economies are poised to…

Bill Blain
May 4, 2020

Higher for Longer – Markets Could Struggle With the New Reality
September 22, 2023
The Bank and The Fed have served notice they will remain vigilant – higher for longer! Markets would be wrong to expect early easing. Wage Inflation and Energy remain very real threats over the medium term – it may trigger volatility as markets understand the new reality.Read More »
Debt is Not The Problem – Economic Management Is.
September 21, 2023
Many market participants fear the rising quantum of Government Debt spells crisis across the globe. Tush and Nonsense. Debt is not the problem – markets exist to price risk. The crisis lies in economic management, and Political Risk!Read More »
U-Turn on Net-Zero Raises Serious UK Market Risks
September 20, 2023
Rishi Sunak’s U-Turn on Net Zero is politically expedient, but raises serious long-term questions about the investibility of the UK economy and its place in the world, but… hey, it might just win them some votes (just don’t let your kids know!)Read More »
The Market has no Memory when it comes to Bank Capital
September 19, 2023
It’s International Talk Like A Pirate Day, which will make it interesting for UBS trying to persuade once-bitten, twice-shy investors to buy new AT1 CoCo Bond after what happened to Credit Suisse investors.. “Arrr… You know it makes sense, young Jim-me-lad… Shiver-me-timbers… “Read More »
Why the UK? Things are going to Get Interesting
September 18, 2023
It’s been a “meh” year for the UK markets, but they’re marginally up on the year. The outlook for a rusted economy, crashing discretionary spending, and an imminent housing collapse looks bad. As the UK electoral cycle kicks into high gear.. markets are in favour of change.Read More »