Serious investment thinking that doesn’t take itself too seriously.
Our man in the desert looks across all asset classes to give his opinion on the market trends and stock picks.
Originally published July 2021. “Let China Sleep. When she awakes, she will shake the world…” This Morning: The media is full of China noise – does the rising tension mean it may become un-investible? The Chinese economy is very different, but recognisably similar. Investment into China boils down...
I first encountered Lebanon as a teenager after the fabled Choueifat College opened its first UAE campus in Sharjah, fleeing the civil war in the Chouf. My ignorance of the...
November 2019 is the thirtieth anniversary of the fall of the Berlin Wall that led to the collapse of the Soviet occupied, neo-Stalinist DDR and the eventual reunification of...
I literally laughed when I heard that Goldman Sachs put a valuation range of $1.6 to $2.3 trillion on the Saudi Aramco IPO. One, a valuation range of $700 million only means the...
Saudi Aramco is the biggest, most profitable company in history ($110 billion revenues in 2018, $40 billion more than Apple). It has been the economic engine of the Arab world’s...
A few years ago I was on Bloomberg one morning and said something like, stocks looked overly expensive and should be due a correction if it wasn’t for the support they were...
It’s going to be relatively short comment today – I just spent the last 1 ½ hours standing all the way from Southampton to the City. SouthWest Rail decided to reduce the...
Global financial markets seem increasingly disconnected from real world events – keep your eyes on the macro trends I’ve spent 35 years in finance, and much of the market...
Why did the Fed Ease? Last night’s Fed decision was anything but unanimous with 10 of the 17 members dissenting – views ranging from no cut to a larger ease. Powell...
“Sophisticated investors buy negative yielding bonds – are you not a sophisticated investor?” What madness will today bring? From up in the Shard’s Eyrie in the Walkie...