Klement on Investing
Joachim KlementThoughts on financial markets by a grumpy, middle-aged German. What more do you want?
| Platform |  | Pricing | Only free issues | Publishes | Daily |
|---|---|---|---|---|---|
| Issues | 1822 | Founded | 7 years ago | Last Issue | 6 days ago |
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klementoninvesting.substack.comLatest Issues
We can never have enough of experts
Poor Michael Gove will likely be haunted by his ‘People have had enough of experts’ quote for the rest of his life. But Brexit, to me, remains the prime example of political decisions where experts got it right. Indeed, when it comes to for...
The economic effects of geopolitical fragmentation
We live in a world that is increasingly drifting apart, not just in politics and trade, but also in international mobility and financial market integration. This has significant negative impacts on the economy, but there are a couple of ins...
The same as Italy
I recently published a post titled ‘Worse than Italy’, where I compared the US unfavourably to the supposed basket case of European politics, Italy. Because I am an equal opportunity insulter, I will turn my attention to a comparison betwee...
It’s bad to be poor in the US
In my opinion, the best invention to alleviate poverty in the world of all time is capitalism. It’s not what people on the political left like to hear. They typically argue for foreign aid and charitable giving, but capitalism has lifted fa...
Six days to go…
It is Friday, 5 June and only six days to go until the FIFA World Cup starts again. I don’t know about you, but after the first five months of 2026, I am really in need of five weeks of distraction.
Of course, if you ask the people who liv...
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Joachim Klement is an investment strategist based in London.
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