Are global economies heading for a soft or crash landing? Why the Republicans seeking to impeach President Biden have just played a brilliant short-term political hand, and what the ARM IPO tells us about gullibility in bubble times.
“Curiously, the only thing that went through the mind of the bowl of petunias was; Oh no, not again..”
Inflation is what inflation is.. Prices are still rising, Central Banks are watching, the US debt ceiling crisis will distract us all, and Donald Trump remains… “extraordinary”. All feels a bit unstable.
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.
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.
Chips are a critical component of global supply chains – there are significant geopolitical risks inherent in the concentration of semi-conductor production in Taiwan. However, an even bigger geopolitical risk may have been triggered by the FBI raiding Trump’s lair in Mar-a-Lago.
Lots of small signals, rising rates, a tech wobble, Covid vs freedom, China’s Covid crisis and the anniversary of the Capitol riot make for a rich stew of confusion in today’s markets!
Blain’s Morning Porridge – Nov 24 2020: Glimmering Hope? “Up the hill, the sheep bleat, oblivious to the rise and…
Blain’s Morning Porridge – March 13th 2020 “Climb Mount Fuji” I don’t think we will be getting any kind of…
Blain’s Morning Porridge – March 10th 2020 “The Renaissance took place in an era of chaos and plague” After yesterday’s…