Complacent Goldilocks Got Eaten by Bear
The weather on the Pacific Northwest has turned ugly, as might the financial weather if the current degree of market complacency proves unfounded!
Blain's Morning Porridge
Financial Commentary for Smart People
Blain's Morning Porridge
Financial Commentary for Smart People
Tag Pandemic
BatPoop Crazy Stories May Herald a New Trade War
Everyone loves a conspiracy theory, but what if the stories Covid escaped from a China virus lab take hold? We will never know the truth, but as the rumours multiply, they could trigger renewed trade-war. It could unravel China’s regional hegemony and trigger a dramatic reversal for the global economy -especially for China.
Long Covid and Political Risk
Markets anticipate the end of pandemic, but the news flow from India highlights ongoing global crisis and Covid is here for the long-term. The risk of political instability from failed Covid policies is high. In the UK, political instability could ratchet higher on the rising tide of Tory sleaze and Dominic Cummings taking his revenge cold.