So much to write about this morning…. Just some of the questions are:

How might Kamala Harris and a closer US election change the economic and market calculus? What does the Crowdstrike omnishambles on Friday tell us about the uncertain foundations of global tech and its’ resilience to instabilities? What did we learn about the UK’s economic prospects from Chancellor Rachel Reeves on Sunday Morning’s BBC interview?

Blockchain and Tokens. Not satisfied with the gains apparently offered by AI, Tech Tyrants are planning how to deeper enslave us through Web3 – the Internet of Value. Be careful what we wish for – we might just get it. 

“I think there is a world demand for about five computers”

Yesterday IMB announced a new breakthrough in quantum computing. One day Qubits will make crypto obsolete. A new revolution in computing is coming, and it could well be IBM that leads it!

Labour Leader Keir Starmer has announced growth is a core mission for the next UK government. He should look how Clarkson’s Diddley Squat Farm and the threat to obliterate my village of Hamble with a wholly unnecessary gravel quarry demonstrate how the UK’s local planning and over-regulation stifles growth, hope, and expectations. The process isn’t fit for any purpose. Bureaucrats have anything but the interests of local people in mind. Big money walks all over them.

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.

Big Tech “growth” stocks suffered a price-check this week as economic reality bit, but they face much more pressure than just short-term cost and sales problems. Long-Term, new businesses and opportunities are evolving to eat their lunch, and leave them behind.

Blain’s Morning Porridge – March 20th 2020 “How beauteous mankind [...]