Blain’s Morning Porridge – Nov 18 2020: That Time of The Year

Recent Porridge

The Easy Way to get Rich… Isn’t.
November 25, 2021
Crypto currencies have confused the way we think about money and wealth. Its deliberate. It helps layer the crypto narrative they are modern and somehow better than fiat money. It’s fake news. Crypto is full of inconsistencies and outright bullsh*t – it’s time regulators did their jobs!Read More »
The Central Bank Quandary: Inflation vs Recovery
November 23, 2021
Jay Powell keeps his job and faces the inflation quandary – hiking rates too soon risks recovery, but inflation needs addressed. The likelihood is lower rates for longer – which will juice euphoric markets further. What’s the alternative? Stop buying financial assets and buy the real economy!Read More »
Guessing it won’t be as good as we hope, nor as bad as we fear…
November 22, 2021
Markets are roiled by lockdowns and approaching holidays. Already the guessing season has begun – with predictions running all the way from Gloomy to Dire. Central Banks will be anxious to be seen to be doing the right thing – which probably means more of the same. And investors? Delusional or exploiting the delusion of others. Read More »
Caught in a Trap…
November 19, 2021
How much longer can the market madness continue? Traditionally they remain irrational for longer than you can stay solvent. Central banks must be terrified – damned if they act, damned if they don’t. The basis of markets is under threat from unbridled speculation fuelled by their actions.Read More »
Boeing? Worst company on the Planet?
November 17, 2021
A new book on the fall of Boeing is getting the headlines this morning. I’ve been arguing it illustrates all the worst excess of capitalism – yet how many investors have called it out? Very few. Why does ESG apparently not apply to Boeing?Read More »