Forecasting

There was good news this Labour Day. The price of frankfurters was down 1.4% from last year’s Labour Day, perhaps marking an allocation away from beef patties, where prices rose, albeit in more muted fashion to last year’s double-digit sizzle, sizzle, pop. Spices, seasonings, condiments and sauces though, were all up. So too, it seems,… Read More Forecasting

Messy

Supply chains are a mess. A real mess. Go on to the strangely absorbing website www.marinetraffic.com and it all becomes very visual. Panama, Suez, Mallaca, Hormuz, all the big name areas of shipping glow up, and whilst this may not be that unusual, shipping analysts tell an expensive tale of empty ships, bottlenecks, not enough… Read More Messy

Punting

It is often instructive to see what corporates do with their cash. Some buy more machines or their own shares or a new tech stack. Some go wallet out to an auction of NFTs and drop $150,000 on a CryptoPunk with clown green eyes. Quite what shareholders muttered to themselves on reading VISA’s decision to… Read More Punting

Canary

As summer sets and Labour Day looms there is an air of boom time to markets that rip out record highs day after day. Powell played the ball with soft hands at the Jackson Hole highbrow pow-wow and investors collectively exhaled. All is good with the data which, in the main, is behaving as is… Read More Canary