“In yacht racing there is no second.” Sports has become a major investment sector in recent years. An increasing number of funds are focused on sporting opportunities. The appeal, and the possibilities to monetise fans and events is rising. Why invest?
What does the Rugby World Cup tell us about markets? Expect the unexpected? Ignore nothing and don’t bet on favourites? Perhaps.. As the geopolitical threats pile upon each other, it’s time for caution. Forwards win games, but backs stop it being lost!
The Rugby World Cup is a reminder of all that is good, exciting and honest about 30 folk beating the crap out of each other. Enjoy the frenetic mayhem! Meanwhile, what is John Authers trying to tell us. And where are we this 9/11?
Golf – you have to laugh. But there is serious upside to be made from global sports franchise values as leisure time, AI, and prosperous middle classes emerge around the globe. Saudi might be the proverbial bull in a China-shop with their wallet, but it’s a plan!
Rugby, Balloons and Employment Data – so much to consider this morning, but what this market needs a dose of common sense, understanding of central banks, and catharsis. Real interest rates and normalisation will provide solid foundations for real growth and recovery – not market froth!