Investment briefing
The stock market, frequently an enigma, has played a blinder. As countries around the world queue up to report their worst ever falls in economic growth, equities have been rising.
Investment briefing
The Right Bill of Lading
‘…Antonio hath a ship of rich lading wrack’d on the narrow seas;’
(The Merchant of Venice, Act III, Scene I).
Investment briefing
Katana & Wakizashi
Once again, the price of bitcoin is on the tear, encouraged by the launch of SEC-registered exchange traded funds, led by BlackRock’s iShares Bitcoin Trust. That, a cap on interest rate rises (making risk assets more attractive versus plain old cash) , the ubiquitous ‘halving’ event (which cuts the reward for mining Bitcoin transactions in half, artificially reducing new supply at roughly four-year intervals) and rumours of potential Russian sanctions dodging, have propelled the cryptocurrency to new highs.