News and Analysis

LESS UPSIDE RISK: A ‘fourth wave’ of global virus cases is underway (see chart) as we head into the northern hemisphere winter. This will dampen but not derail the economic...

RISKS: Brent crude is -8% from $86/bbl to $79 on rising virus cases and talk of a Strategic Petroleum Reserve (SPR) release from US, China and others. US has 600 million bbls in...

The year is not even over yet, and 2021 is set to go down in stock market history as the one to beat for taking the most companies public. Here’s what you need to know. As the...

MANA, Enjin, and Zcash rise against the falling crypto market   The crypto market has cooled off over the last week, with only a few altcoins escaping the downturn as...

Last Week’s Top Five Market Winners Nasdaq Stock Market (NASDAQ) The past week included significant gains for SweetGreen (SG), Lucid Group Inc. (LCID), BioNTech SE (BNTX),...

Summary Focus: The green commodities boom An accelerating carbon-transition is supporting higher-for-longer commodity prices. Demand for ‘green’ metals, from cobalt and lithium,...

ALL-CONQUERING: The US dollar has conquered all this year, outperforming 85% of the 30 major global currencies we track. It has been boosted by the sharp re-pricing of Fed...

Bitcoin just got its biggest upgrade in four years. This marks the first major change to the protocol since SegWit in August 2017, which was followed by a monster rally that saw...

SPINOFFS: Announced breakups by GE (GE), Johnson & Johnson (JNJ) and Japan’s Toshiba highlight for many the ‘death of the conglomerate’. We are not so sure. Spin-offs have not...

SOFT COMMODITIES: A 55% surge in our ‘breakfast’ cost index the past year is outpacing the commodity rally and piling cost pressures on many. This is boosting inflation, interest...