Maybe I am getting old, or boring (or both I hear you mutter) but I’ve got the house to myself tonight and buzzing to get home and defrost my freezer. A task that I find particularly satisfying, chiselling off some lumps of ice and invariably one of those tasks that I have put off most of the summer. Today feels like the day to rectify it. Definitely a sense that the start to the rest of the year started today – If there was anything that showed it was ‘back-to-school’ for markets was the sheer…

We have been in this 4200-4400 c5% range for the Euro Stoxx 50 since March 29th of this year. Broadly speaking 5 months (or c110 sessions) of sideways movements for what is considered the barometer for European large cap equities. This has drained enthusiasm, idea generation and trading volume amongst many other things throughout the already ordinarily quiet summer months. There are some exceptions given the likes of Europe’s newly crowned largest stock – Novo Nordisk which is Krone denominated…

August has been a month to forget for many investors/observers of European Equity markets. It has brought with it a slide in global Equity shares inline with what our charts team flagged as fairly neutral to negative seasonality (which sadly doesn’t improve much in September), the lowest volumes of the year, on almost every week consecutively and without any major Central bank decision, it has been a month of pondering what lies ahead, which never usually leads to too much excitement. The Stoxx…

“France is going to do what?!” I know I have mentioned before in the Snapshot as one of the things least exposed to inflation but news over the weekend that France is preparing to spend €200mn destroying a glut of wine that has built up as appetite for French wine fades did shock me. Falling demand among French drinkers, competition on the export market and weaker sales in China are being blamed but surely there has to be a better way of getting rid of French wine than destroying it!? I can thi…

National burger day and look no further than the Snapshot to guide you through where to go and what to swerve. All my own opinions of course and I am sure I’ll be getting some push back. I’ll start with my steer clear – Five Guys – absolutely no time for it, maybe it was a bad experience but I just found the whole thing very underwhelming from the taste to the greasy chip bag. Where would my vote go? Popeyes Louisiana Kitchen Chicken Burger; tasty, sizeable and the best chips going – another pl…

Fool me once, shame on you, fool me twice, shame on me. I’m all about second chances but it was slightly strange to see Fyre Festival – the disastrous luxury party that left hundreds stranded in the Bahamas in 2017 and famously made into one of the crazier Netflix documentaries is getting a second run. Tickets will likely set you back in the region of $8000 and that is a hell of a lot of money to go to a Festival devised from a solitary confinement cell in a U.S. prison. Especially if the U.S…

Does anyone care about Bitcoin anymore? It all feels a bit ‘So 2020’ and although we probably need to be aware of it, its use and ability in describing risk appetite in the Equity market isn’t as strong. I recently re-joined twitter ‘X’, not as an avid ‘tweeter’ per-se but to see various headlines (and where Glydo gets all his Midweek Tweets of note from) and saw today that an unknown entity has accumulated over $3bn worth of Bitcoin in less than 3 months. Lots of debate following regarding who…