Market Thinking

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Tag: ukraine

Ukraine’s Energy Reserves

At 1.03trillion cubic metres (tcm), Ukraine has the second largest gas reserves in Europe after Norway, and yet it is a net importer of gas, since it only produces 20bcm a year while consuming nearer 27bcm, leaving it with an Read more…


Ukraine and markets

Markets gyrated heavily last week, commodities spiked, then stalled, while equities sold off and then bounced. Vix was little changed suggesting that asset allocators were already hedged and there was little follow on selling after CTAs went short. Bonds (as Read more…


Slowly, then all at once

The Hemmingway quote about the two ways to go bankrupt; “first slowly, then all at once” springs to mind when looking at the situation in Ukraine. The country has been falling apart slowly over the last seven years in the Read more…


Don’t throw me in the briar patch Brer Putin!

We try and avoid talking too much about politics and Geo-politics and only do so insofar as we feel it is affecting markets and where we believe that application of Market-Thinking might provide some insight. Right now, with Western Media 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…