Posts Tagged ‘Keir Starmer’
Peace, Panic and Expensive Dreams
Interest rates may be tradable, and God knows the markets love turning every central bank cough into a full-blown drama, but the bigger question is whether rates at current levels are genuinely restrictive enough to damage economic growth.
Read MoreRates Matter, But War, Oil and Politics Matter More
Interest rates may be tradable, and God knows the markets love turning every central bank cough into a full-blown drama, but the bigger question is whether rates at current levels are genuinely restrictive enough to damage economic growth.
Read MoreIran: From Enemy State to Speculator’s Wildest Bet?
After Trump declared – for the 38th time – that an agreement had been made with Iran, it looks like it may have finally happened. What this means is yet to be properly ascertained, but it is promising.
Read MoreAre Markets Pricing Relief, Instead of Reality?
The past week we saw markets do what they always do when there is a sniff of peace in the air: stop worrying for five minutes, buy the usual favourites, and pretend the world has suddenly become sensible. Lovely idea. Shame about reality.
Read MoreTrade the Rally, Don’t Marry It
The S&P 500 and NASDAQ kept pushing into record territory, and yes, the headlines look lovely. New highs, AI enthusiasm, tech optimism, all the usual confetti. But let’s not kid ourselves.
Read MoreMarkets: Still Climbing, Still Wobbly
Markets spent the past two months doing what markets often do when the world looks half-mad: they climbed the wall of worry, had a little look over the top, then remembered there was war, inflation, central banks, oil, politics, and plenty of nonsense still waiting on the other side.
Read MoreSixty-Nine… Strangely Enough, Not My Favourite Number
I turned 69 this week, which is an awkward number to announce in polite company and an even more awkward one to celebrate while watching these markets pretend they know what they’re doing.
Read MoreI Don’t Cry When I Lose Money, But When It Comes to My Country…
I don’t cry when I lose money. Markets do what markets do. They give, they take, and if you’ve been around long enough, you learn to take your medicine without throwing the toys out of the pram.
Read MoreNot only did Cocoa deliver, but some “unfashionable” trades did well too
Well then… just as we discussed back in early April, cocoa has done exactly what it said on the tin. It’s now pushed up to 4,800 per tonne – a tidy 60% rally in a little over a month. Not bad for something most people wouldn’t recognise unless it came wrapped in foil.
Read MoreCrowded Markets Dancing on a Loaded Gun
Markets have spent the past week doing what they do best – telling you everything’s fine while quietly shifting the furniture when you’re not looking. And if you’ve been around the block a few times, you’ll know that’s usually when you want to start paying attention.
Read MoreIt Appears Complacency Is Back… That Rarely Ends Well
If you’re buying the current market story without asking questions, you’re braver than I am – and I’ve been around long enough to have the scars to prove it.
Read MoreA Shift in the Wind: What Recent Events Mean for Markets
“In God we trust, everyone else pays cash.” It’s an old trader’s maxim, but watching the spectacle in Egypt recently made me wonder if we’re witnessing an exception to that rule.
Read MoreBack to Pre-Tariff Levels – So, What Now?
I’ve just spent a few weeks in the UK, and no matter how you slice it, the place feels like it’s in decline. I left in 1990, and the downward slide since then has only picked up speed. Under the current left-leaning government led by Keir Starmer – or as I’ve dubbed him, “Stoma” – things are deteriorating even faster.
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