tmai

Trades in Whisky and Soda; On Monday, 20th January, Donald Trump will be sworn in as the 47th President. They say a week is a long time in politics; well, that’s nearly two. Before we even consider what happens in the first 100 days, he will probably be sentenced

I made some comments in yesterday’s ByteFolio, where we cover Bitcoin and crypto. For those unaware, the first part each week has a few comments on Bitcoin and is free to read. The rest of it is premium and covers crypto tokens. I would encourage readers interested in Bitcoin

Trade in Soda; Before we get to bonds, I highlight the global stockmarket, which has been riding high this year but now faces deteriorating breadth. That is, the number of stocks in an uptrend is falling. The current reading is 61%, which is workable but falling. Fewer stocks are supporting

Trade in Whisky; Syria falls, and they have lost their entire air force since Sunday. Gold inched higher, along with the dollar, yet oil shrugged it off. There was also a modest momentum crash as the prevailing winners in the stockmarket stalled while the losers rallied. The fact that the

Trade in Soda; I recently added the long bond to the Soda Portfolio as evidence that inflation was calming enough to stabilise the bond market. Inflation may have been cooling for two years, but the bond market was still in the turbulence of the hikes of 2022. It seems 5%

Trades in Whisky and Soda; The US has a $36 trillion debt and an outsized annual budget deficit, which appears to be structural. I say that because a surplus hasn’t been registered since the stockmarket boom of 2000 when capital gains tax revenues surged. Twenty-five years later, the stockmarket