The Daily Morning Porridge - Blain's Morning Porridge

ESG Heresy Triggers Shock and Horror – and about time!
May 23, 2022
HSBC is being pilloried for comments made by its’ ESG head, but what he said is worthy of consideration. Overly emotional ESG is a distortion that may be as dangerous as climate change denial.Read More »
The Crypto Bubble is Bursting – Open Your Eyes And Spot the Ugly Naked Truth
May 20, 2022
Crypto has fallen 30% through May. The headlines about scams, illegality, and outright theft obscure the key facts; its overly complex, vulnerable and doesn’t actually do anything we can’t already do better. It’s terribly clever, but a pointless, busted bubble.Read More »
The Judder Moment Just Crashed Markets
May 19, 2022
Did you feel the Earth shake and judder? When dull, boring, predictable retail giants crash 25% intra-day, time to take notice. Boom/Bust is back – and this time its serious. Anyone for the last few choc-ice?Read More »
Central Banks: Inflation and How they Crashed Boeing
May 18, 2022
Two simple questions for Central Banks; what was their plan, and what is it now? The consequences of 14 years of monetary experimentation are upon us. From Macro to Micro, Boeing is a sad illustration of the consequences of central bank policy.Read More »
Blame the central banks, say the politicans..!!!
May 16, 2022
Central Banks and Politics will be the dominant theme this week/month/year. Politicians are anxious to show inflation and recession are not their fault. Blame Central Banks! The Politics of Blame has profound consequences for markets.Read More »