Firstly to the weekend papers where I noticed the Financial Times have run a full page article on the Internet Of Things. This is a great read and highlights how the CIA is allegedly using Smart TV’s to spy on users. It goes on with more detail on the dangers we are exposing ourselves to by allowing these devices to become such a trusted part of our lives. Read More
Firstly some sad news. With all the work we do and all the research we read and compile and regurgitate, were I to write a fresh note I would almost certainly write something nearly identical to last week.
Fed looking like it will raise, bonds getting sold, USD rallying, OPEC deal can’t be trusted, markets are undergoing a sector shift.
No different from before.
So as means of a distraction here’s this from Investec regarding what part of the mining cycle (or “clock”) we are:
The Fed will hike in December. I don’t know a sensible person who isn’t now of that view. We were given a warning early last month of what would happen if they were hiked out of the blue and now, a month and a half later, we are now adequately conditioned for what is now a world at the bottom of the rate cycle. This being said, I’ll dust off some old notes (from September 20th) that are now the serious game plan for the rest of the year.
Afternoon all,
Firstly some apologies. According to clients and colleagues I’ve been a little negative lately and some have pointed to the theme of my notes lately as evidence.
All I’ve done is point out the significant headwinds we’re facing and allowing people to make appropriate diversification preparations. I’ll try and stop going on about the banks and point to the real reason for the negativity being that I now sit next to the office television which plays a continual stream of advertisements ranging from health insurance, life insurance, funeral insurance, pet insurance and disability insurance. There’s only so many reminders of your own fragile mortality you can take in a day before you start to get a little caught up in it. (However I’ve picked up a screaming deal on pet insurance!!)