Market Thinking

making sense of the narrative

Browsing:

Month: December 2021

The Problem with Passive Equities

This is the second in a short series of posts which, as the title implies, address four important and inter-related problems for Wealth Management and, by extension, Asset Management and in conclusion offers a Solution. In the first of this Read more…


The Real Problem with Bonds

As the title implies, this short series of posts addresses four important and inter-related problems with Wealth Management and by extension Asset Management and in conclusion offers a Solution. The article in the FT (Global bond markets on course for Read more…


Christmas past..and present

We are spending the days running up to Christmas writing a series of upcoming posts about some of the key structural problems facing Asset management and by extension Wealth Management, to be followed early in the New Year with our Read more…


The lamps are going out..

Two of the main drivers to low inflation over the last decade – cheap exports from China and low energy prices from Russia – are both disappearing, meaning at the very least a reset higher in the overall price level. Read more…


Australian Financial Review

The following is a short article written for the Australian Financial Review summing up the current situation in markets. https://www.afr.com/markets/equity-markets/long-term-investors-need-to-look-through-short-term-confusion-20211212-p59gur Opinion Long-term investors need to look through short-term confusion Mark TinkerDec 12, 2021 – 11.49amSaveShare Long-term investors could be forgiven Read more…


On the Twelfth day of Christmas

Leaving the quixotic and authoritarian world of the Hong Kong Zero Covidians ahead of schedule on account of (correctly) anticipating the rational response of most western aircrew to the latest prospect of 21 days in Penny’s bay solitary confinement (see Read more…


Fomo plus Lol = OMG

The second half of the year saw accumulated fragility within markets, as a Fear of Missing Out dragged in more retail investors and day traders, many of whom used Lots of Leverage via short dated options to exploit a Lack Read more…