This morning’s Guest Post is from Adrian Jones, who argues there are clues in the fate of Henry VIII’s fixer Thomas Cromwell as to Elon Musk’s possible future. Society swirls around themes and narratives, and being caught on the wrong side of them as they chop and change can be fatal! Let’s not lose our heads over complex issues like Climate Change and Vaccinations, but understand them and the power of consensus…  

As vaccine wars hot up and markets worry about interest rates and central bank action, the theme of price distortion continues to unsettle valuations. One aspect of distortion is in the increasing weight being put on ESG metrics – which should be market positive, but look to be vulnerable to Woke-like “doubleplusungood” groupthink, potentially further distorting markets.