On the 4th September last year, the Baltic Dry Index that measures the cost of shipping – and by extension is a good proxy for the demand supply imbalance in global trade – stood at 2518...

Apropos of nothing….we are grateful to the Sunday Times today for pointing out that today’s date, 02/02/2020 is the best international date palidrome for almost a thousand years, in fact since 11/11/1111.

The row with the US over the UK’s commitment to continue to use Huawei systems for its 5G roll out has filled the column inches not already consumed with the CoronaVirus.

The traders got handed their script for the New Year nice and early, with the dramatic escalation by the US of the tensions with Iran.

The Times recently featured a rather curious article titled “Enjoy those gadgets while you still can” by Gerard Baker in which he bemoans the lack of innovation in the last decade.