I know that we have committed, since beginning to post again this year, that we will not discuss the new religious movement known as "politics". However, we wanted to get something on record. Too many times we discuss things and there is no record of it. Thoughts in our heads or discussed over pints are not enough to be held to account or used as evidence for either being woefully out of touch or in sync with the vibrations of western society today. It also gives us a chance to test, on the record, sweeping statements that are hypothesized based on historical and economic underpinnings, which we think are highly misunderstood by all of today's media that purport to be pumping out the "facts".
Bane
London’s V-Shaped Recovery: Intangible Data vs Tangible Experience
I ventured into Central London on a Saturday at the end of July. The weather was a tad rainy that day so I didn't want to chalk the vacancy of the streets up entirely to the economic draught we are actually in. I decided to visit the Churchill Museum the following week, on its opening day. At the same time I decided to take a walk around the streets between Piccadilly and St. James Park. The weather out that day couldn't have been more perfect. That combination of heat and cool that leaves you comfortable even if you are walking for hours. The kind of weather that makes London sparkle in the summer. So you could be assured that this is as busy as the area was going to get for shopping, sightseeing, eating and whatever other pleasures you can take in the heart of London on a glorious summer's day.
Contemporary Thoughts on the Week in the Market (and some other things)
The week that was continued themes that have been on-going for several weeks. American indices were up, with the NASDAQ up big, while the UK's FTSE was down for the week along with other major European indices. Certain beloved tech stocks continued to outperform, some to amazing levels. Meanwhile, Gold breached the $1,800 level. COVID problems continue to mount in the US and uncertainty continues to prevail, but you wouldn't know that looking at the markets.
Contemporary Thoughts on the Week in the Market (and some other things)
There wasn't much action in the markets on a shortened week due to Canada Day and US Independence Day. However there was some important action in the macro environment.
Contemporary Thoughts on the Week in the Market (and some other things)
A weekly synopsis of random thoughts on the past week of market meanderings.
Market Mania and Blindness
The date is May 29, 2020. The companies named include Amazon, Tesla, Microsoft and Alphabet. There are more, but these names stand out. What is it I am looking at? Investor Chronicle's (IC) international bounce-back "must-buy" list for stocks - amid the economic clouds of Covid-19's impact. The magazine further highlights Amazon in a key feature as a subset of this theme. In the same issue they reference the South Sea Company as the "original bubble". The publication's coinciding weekly podcast is also titled "Living in a bubble". Yet curiously their writers (at least those on the podcast) shied away from applying the term "bubble" to today's market - suggesting markets are not overvalued.
Welcome
A brief introduction.
Siloviki 