There we have it. The date and time for Donald Trump’s meeting with the Kim Jong-un are set. It was announced when Trump’s newly appointed secretary of state, Mike Pompeo, returned from Pyongyang with three Americans who had been imprisoned in North Korea. The summit – an outbreak of diplomacy after the two countries traded […]
For the last two years, on both sides of the Atlantic, liberals and other concerned citizens have spent their time searching for an answer to the agonising, appalling, question “How did this happen?” How, for the love of God, could the United States have elected Donald Trump president? How, for crying out loud, could the […]
Predicting the opposite of the mainstream consensus. […]
Our Macro commentator on the outlook for sterling. […]
With the Volatility Index at 14, Wall Street’s pendulum of greed and fear has unquestionably tilted to fear. […]
A macro view of volatility and market resilience. […]
I was stunned to read a Boeing report that forecasts that the global passenger jet fleet will more than double to 45,250 by 2035. Given that almost 20,000 of the world’s in-service aircraft will be retired or converted to freighters in the next decade, Boeing forecasts at least $3 trillion in financing for 40,000 odd […]
Matein Khalid asks: is the Wall Street sell off just an ephemeral market or something more ominous, a trend change, requiem for the bull market? Plus his latest thoughts on the Karachi stock index and the overvaluation of Credit Suisse shares. […]
The euro, the French stock market, OAT-German debt interest rates spreads, the Volatility Index (VIX) and the ghosts of Vichy, Oradour and Algérie française convince me that Emmanuel Macron will be the next President of France on Sunday. So I see no reason to abandon my euro bullish strategy even though the single currency has […]
Well, if ‘a week is a long time in politics’ (and even longer in UK politics!), it’s also a long time for the listed global real estate sector. Ironically as a property developer moved into the White House last autumn, the sector badly underperformed as equity investors switched into reflation trades and bond investors headed […]
