Worry about consensus more than the inflation/deflation debate

Financial Commentary for Smart People
Financial Commentary for Smart People
Blain’s Morning Porridge Feb 2 2020: Apple Bonds hide a secret.. “Adam ate the Apple, and our teeth still ache.” Yesterday Apple launched a new $14 bln multi-tranche bond deal, raising new debt up to 40 years. It was a…
“Tell him I’ve just worked out a completely new strategy. It’s called running away.” Not a lot to cheer in markets this week as politics and Covid dominate the stage. The slide in European stocks highlights increasing concerns for what…
“Their aim is not to destroy us, but simply to author us and profit from that authorship.” The new head of the UK’s security services, M15 said y’day: “You might think in terms of the Russian intelligence services providing bursts…
Blain’s Morning Porridge – Sept 17 2020: An Apple a Day makes you broke “Central bankers all acknowledge in private that low rates are like rocket fuel for asset prices; indeed, this is considered a key transmission channel for monetary…
Blain’s Morning Porridge – May 20th 2020 – Bad? Buy Stocks? “When things in life are rotten, there’s one thing you’ve forgotten…” New Morning Porridge Lite-Bite Video: The European Recovery Fund.. It’s fascinating to read US Online Brokerages have attracted…