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Latest Issues

10-year Treasury yield pushes above 5%.

A sea of red in the markets. As Hemingway is misquoted, “people go bankrupt slowly then very fast.”

Is this the start of the slide?

  1. Big news is closure of the Saudi pipeline. Dark days for Saudi but they seem not to have protected th...
6 days ago
1
1

Volkswagen to slash up to 50,000 jobs in ‘far-reaching’ restructuring

Huge news. I have rarely seen a restructuring so big in the private sector. It’s a bad sign for the global economy, with rates and inflation going up, uncertain geopolitics and an America astray.

It’s a terrible sign for Germany where its...

18 days ago

Global Bond sell-off deepens

Bull markets end on a debt crisis and a liquidity crunch. This is a primary market narrative for the rest of the year.

We are in a “Cappuccino Economy” - all froth with substance deep below.

Valuations are buoyed on a sea of liquidity. Mo...

a month ago
1
1

Starmer Resigns as UK Prime Minister, Paving Way for Burnham

Inevitably Sir Kier Starmer has resigned, swamped by calls from all sides. He was a good Prime Minister, as the person most qualified and temperamentally suitable for two decades.

He gave Labour a huge majority in Parliament, something no...

3 months ago
1

Pakistan says US and Iran have reached peace deal as Trump posts 'let the oil flow’

Sell on the sound of trumpets!!

Most of this news is in the markets… Markets will think the Iran spat is over and can get back to biz. They are likely to jump on Monday then fall back as the trending narratives hold sway.

These trending...

3 months ago

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  • Dr.Richard Harris- First Flash

    Financial Economist, Geopolitical and geoeconomic commentator, Investment / hedge fund manager (40 yrs), Chartered Engineer, veteran Financial Expert Witness, Fellow of the Academy of Experts. First Flash => first narrative on the news... here: now.

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