Friday, 6th of March 2020 “Most investors want to do today what they should have done yesterday.” – Larry Summers ________________________________________ It has been another busy week in markets, though at least we have seen moves in both directions this time. Indeed, Monday and Wednes...
Friday, 28th of February 2020 “I do it a lot, anyway, as you’ve probably heard: Wash your hands.” – Donald Trump ________________________________________ The age of innocence has truly gone in financial markets. The slide that began last Thursday gathered momentum this week, giving us th...
Friday, 21st of February 2020 “Prophesy is a good line of business, but it is full of risks. “ – Mark Twain ________________________________________ Markets have been on a downward slide since late Thursday morning when investors suddenly woke up to the economic threat posed by the c...
Friday, 10th of January 2020 ”You can’t do a damn thing!” – Ayatollah Ali Khamenei (After Trump threatened to retaliate for the US embassy attack) ________________________________________ The new year has started off with a bang as simmering US-Iran tensions exploded to the fore las...
Friday, 17th of January 2020 ”Maybe they have nothing else to do in America but talk about me.” – Vladimir Putin _______________________________________ The big news this week was ratification of the ‘phase one’ US-China trade agreement, which was signed to much fanfare at the Whi...
Friday, 7th of February 2020 ”Are you allowed to impeach a President for gross incompetence?” – Donald Trump (about Obama) in 2014 _______________________________________ Markets have been in recovery mode for much of the week as investors bet on central banks being able to immunis...
Friday, 24th of January 2020 “It’s freezing in New York – where the hell is global warming.” – Donald J. Trump ________________________________________ The great and the good (and various hangers-on) have been meeting in Davos for the past week to mingle, drink champagne, and ...
