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Insight - Making Sense of the Narrative


”Beware the Ides of March”. There is no reason to feel a bit nervous about the date as President Zelensky addresses a Senate, just as Caesar did on this day in 44 BC, other than the fact that those...

Today is New Year’s Day for Greater China and much of South East Asia and so a wish for health and prosperity for all friends and colleagues who are celebrating (as best they can).

The Pre-Thanksgiving Profit taking is hitting a lot of digital stocks this week, with some of the themes we follow like Digitalisation and Digital Health in particular getting hard hit, while it is also worth noting that the three Tech stocks likely to become Financial stocks that we mentioned last week (Paypal, Mastercard and Visa) all continue to be falling heavily out of favour.

Sometimes it is annoying/alarming to be right. As we noted in Trojan Horses and slippery slopes, the takeover of private sector savings to serve public sector policies is continuing apace.

While on the one hand the IPO of Rivian this week should put a final nail in the coffin of Tesla’s cyber truck project, on the other hand Rivian itself looks like it may be too late to the party for Electric pickups now that Ford is producing its own version.