NOW WHAT: Q3 earnings have reminded so-far that growth is strong and companies offsetting cost pressures. The ‘wall of worry’ has eased, from China property to US tax rises. New...

ASIAN GAP: It’s not just the US hitting new highs. India (INDA) is 2nd best performing market this year (+30%), on lower covid and re-allocations from China. Asian peer China...

STAGFLATION: Markets are obsessed with ‘stagflation’, the toxic combo of higher inflation and lower growth. It’s Google searches are four times average. This would hurt valuations...

Summary Focus: Investing in the climate boom The 26th U.N. Climate Conference starts this weekend. It has important investment impacts. Expect to see greater net-zero...

BIG PICTURE: Materials and energy are two of the smallest global equity sectors. This is held back by the ‘big 3’ markets (see chart). US, Japan and China are 70% of global...

INDEX TITANS: S&P 500 (SPY) and Dow Jones Industrial Average (DIA) are the two iconic US indexes that dominate global equities, and now back at all-time highs. The 500-stock...

FED OBSESSED: We are all obsessed by the Fed. When will they start to taper their massive $8.5 trillion balance sheet? When will they start to raise the world’s most important...

CRYPTO EQUITIES: The sharp crypto price rebound and SEC’ de-facto approval of a bitcoin futures ETF has focused attention on ways to get investment exposure. The small number of...

VIRTUOUS CIRCLE: Surging natural gas and coal prices are feeding the oil rise, as users look for lower priced fossil fuel substitutes. Higher prices also boost renewables...

MESSAGES: The International Monetary Fund (IMF) has published its latest global economic outlook, and analysis of the risks. Behind the various forecast changes is a message of...