A brief glance at an excellent first half for investors: thoroughly “risk on” for the first quarter, but a slower but still an upward grind thereafter. Not that such arbitrary dates matter. What does count is what can make it kick on from here? Covid patterns So, first a glance at COVID, or rather our… Continue reading ALL QUIET: Covid and UK Property
WHEN WILL MARKETS RESPOND? Everything is in the end politics; it just takes a long route on occasion and rather like a frog in water, markets take time to realize that the pleasant feeling of warmth is a prelude to being boiled alive. We are well into the boiling phase, but how long before it… Continue reading A HARD RAIN
UK elections are over – and the US employment numbers are out. What will labour now do, and what is the likelihood that the US market is overvalued? A fortnightly review by Charles Gillams, Monogram Investment Management Ltd.
First published on 20 December 2020 A strange old year winds down, with proof once more of the exceptional power of suggestion and the great strength of cohesion. Tired Markets, Bullish Investors So what now? Clearly markets are tired, we have the odd position that investors are almost universally bullish on next year, that fund… Continue reading What doesn’t sink me makes me stronger
First Posted on 7th March 2021 WHY SYSTEMS FAIL, AND IT IS REALLY NOT ABOUT MONEY A winter lockdown forces us all to examine our domestic interiors, with in my case perhaps a superfluity of paper, which led me to “Fiasco”, by Thomas E. Ricks. It is a seminal description of how complex systems create… Continue reading Fiasco