The Daily Morning Porridge - Blain's Morning Porridge

Blain’s Morning Porridge Europe

What is the Plan in Yoorp?

What is going on in Europe? The political and economic options are limited, the outcomes predictable, and none of them are good. But don’t worry - Europe can always blame the UK and AstraZeneca.

Blain’s Morning Porridge

Consequences – They are unavoidable

Consequences are unavoidable. Pension savers are crushed by interest rate repression and the changing demographics of Covid, while the deluge of debt fuelled by low rates does nothing for economic sustainability.

central banks, demographics, interest rates, monetary policy, pensions, politics, USS
Bill Blain
11-03-2021
4

Blain’s Morning Porridge

Its not what you know.. Its what the market believes that matters

It’s not what you know about value – it’s what the market believes that matters when it comes to price. Will Call My Agent win the streaming wars? And will widespread adoption fuel a massive boom in Socks… just the shills say has happened in Bitcoin?

Amazon, Apple, Bitcoin, bonds, Netflix, Socks, Tesla
Bill Blain
10-03-2021
8

Blain’s Morning Porridge Bitcoin Bonds Climate Change Coal Mining Debt Economy ESG Financial Assets Financial Crisis Global Growth Greensill Special Purpose Acquisition Companies Tesla Virus Recovery

Seven Factors Likely to Roil Markets

Seven factors to understand the market shift that’s roiling markets; bond yields and inflation, distortion, recovery, leverage, tech vs reality, exuberance, and value.

bonds, Crash, Market Outlook, markets, Recovery, regulation, stocks
Bill Blain
9-03-2021
2

Blain’s Morning Porridge Bonds Greensill Politics

Welcome to the New Website & International Women’s Day!

This morning: Welcome to the New Morning Porridge! Its International Women’s Day! How strong might be the fallout from the collapse of Greensill and unravelling of Gupta in a market already wary of politicians?

Bill Blain
8-03-2021
6

Blain’s Morning Porridge Bitcoin Bonds Fed Global Growth Stocks

The Chernobyl Quandary

Central Banks face a critical ask; how to raise rates to avert fuelling the financial asset bubble without triggering market meltdown. And some brief thoughts on Scotland.

Bill Blain
5-03-2021

Blain’s Morning Porridge SpaceX Tesla UK UK Debt

To the Stars, but Mars first

SpaceX remains on course to be one of the most important companies ever, and is driving competition to commercialise space… and some comments about the UK budget.

Bill Blain
4-03-2021

Blain’s Morning Porridge Bonds China Stocks

Pivot to the East

This morning: While Bonds dominate market moves, the BIG future investment picture is about how geopolitics move towards new US relationship with China – particularly where Europe stands. The US is potentially the biggest loser

Bill Blain
3-03-2021

Greenwashing the ugly truth about Oceans
April 9, 2021
Seaspiracy is a shocking, flawed, yet critical film. It should set the market thinking about what sustainability really means, addressing how we skirt the real issues on climate change and environmental degredation. It should provide a much-needed kick up the a**e to box-ticking ESG investment stupidity.Read More »
Buy, Eat, Buy, Sleep, Repeat?
April 8, 2021
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.Read More »
What next, if anything, for Credit Suisse?
April 7, 2021
Markets were shaken but unstirred by the collapse of Greensill and the Archegos unwind trades. Credit Suisse is the ultimate loser of the two scandals – reputationally damaged and holed below the water line. The bank is paying the price of years of flawed management, poor risk awareness. and its self-belief it was still a Tier 1 global player. Its’ …Read More »
Markets Rally, but what about COVID?
April 6, 2021
Markets look set to rally strongly into Q2, but are they over-exuberant? The rise in deaths and new strains in Brazil hints the Covid war isn’t won yet, there are rising political risks in Europe, and widening wealth inequality is apparent everywhere. Just how solid are our expectations of stability, renewed global travel and recovery if Covid is here for …Read More »
Things Can Only Get ?
April 1, 2021
Q1 was “interesting”. More financial madness in 3 months than I’ve seen in 35 years, but at least it was fun. How much more sober and boring might the market become? Deliveroo’s botched IPO suggests Investors ain’t as stupid as we think.Read More »