Where finance and media intersect with reality
Finance, markets and economics: Reuters reports that Russian stocks fell in their second day of trading after a near month-long suspension. [But as far as
In support of my “effective military propaganda should always be uplifting and a bit kitsch/eurovision” theory. A must watch in every possible way: Though, like
Commodity power US goods risk being late as China’s lockdowns worsen shipping port jams. [But remember it’s just “transitory” ] Someone in the Blind Spot
Last week The Blind Spot featured a satirical news report from the scene of Caesar’s assassination in 44 BC. It was a lighthearted attempt to
TLDR: The transitory inflation debate is a waste-of-time distraction. Animal spirits will dictate the breadth, scale and duration of inflation, not textbook definitions about what constitutes inflation and what does not. And animal spirits are far more likely to be influenced by the role poorly thought out government policy has played in driving inflation and geopolitical risk in the first place — notably lockdown and net zero policy.
Commodity power: The FT (reporting out of its FT Commodities Global Summit in Lausanne) warns of potential diesel rationing in Europe due to a “systemic”
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