Thoughts and philosophies on global financial events.
Quantum computing is attracting capital at a pace that would have seemed improbable only a few years ago. The appeal is easy to understand. If the technology can move beyond today’s experimental systems, it could help solve certain problems that are difficult or impractical for conventional computers. The harder question is when and whether that
The Future Of Computing Read More »
Oil, AI and interest rates all look positively frightening this October. The data underneath is more reassuring than the mask suggests. Every October, markets put on a costume. This year there are three positively terrifying examples on show for us. The Oil Spectre. Brent crude touched about US$113 a barrel in September, after trading under
There is a rhythm to markets that has little to do with fundamentals and everything to do with habit. September is one of its more curious expressions. Look back across seven and a half decades of S&P 500 history, and a pattern emerges: September is the index’s weakest month on average, with a modest but
The Month the Market Remembers Read More »
Washington has just announced a deal that gives the US effective majority control of a joint venture developing seventeen Venezuelan oil fields sitting on more than 65 billion barrels of proven reserves.
The Venezuela Oil Deal Won’t Move Your Gas Bill Read More »
In early August 2026, the United States did something it almost never does. It joined Japan in buying yen to stop the currency from sliding further.
A Signal of Friendship, a Hedge for Rates Read More »
With South Korea’s grand strategy of introducing the K-Wave internationally, it should come to no surprise that this extends to the semi conductor industry too. What has happened in
Riding The K-Waves Read More »
Prediction markets are having a moment, drawing attention for their ability to turn real-world uncertainty into tradable probabilities. But behind the buzz lies a more complicated story about
Easy money? Or Risky Business? Read More »
The IPO market is having a moment again, but this time the story is not being led by a broad base of mid-sized companies. Instead, it is being defined by
Nvidia has become many things to the market but with it’s latest 2026 earnings report, it Nvidia has evolved into something far larger than its own balance sheet.
Earnings Season, Redefined by Nvidia Read More »
The market has delivered a clear verdict: the physical foundations of AI are currently a much more lucrative bet than the applications built on top of them