Are valuations now dangerously stretched?
Stretched Valuations Since the beginning of the year, I have been drawing the attention of the reader to the lack…
Stretched Valuations Since the beginning of the year, I have been drawing the attention of the reader to the lack…
Historians, in their quest to make sense of the past, refer to two types of source material. Primary sources are…
He is 39 and-a-half years old. He came top at Sciences Po and ENA. He was Minister of the Economy…
In this instalment of The Macro Investor, I’m going to lay the foundations for a long position in cocoa. A…
Last Thursday, the ECB decided to keep its monetary policy unchanged, as widely expected, and delay a significant change in…
The Tories are going to win the forthcoming British general election on 08 June handsomely if the opinion polls are…
Juvenescence, Bill Gates and the markets It’s been a month since the Master Investor Show, and it’s been a busy…
Far from memory is the time when Saudi Arabia and OPEC were in control of global oil prices, as are…
France goes to the polls this Sunday for the first round of a presidential election of existential importance – both…
After some initial enthusiasm, investors are now having second thoughts about the reflation trade and once again pouring more money into bonds,…