As part of my routine work, I keep track of the trades generated from one of my trading models for those with a higher risk appetite. The model is not designed to predict the future with perfect accuracy. If that were possible, markets would probably be a much quieter place and many of us would…

It was an interesting report by Jeff Currie of Carlyle, examining how a disruption in the Strait of Hormuz could affect global energy security, commodity markets, and capital allocation at a time when the world is still navigating an incomplete energy transition. In my humble view, predicting how high prices will ultimately go this time…

The Iran war-driven volatility has, unsurprisingly, introduced some short-term swings across parts of our long-term positions. Markets, as we know, tend to react first and think later especially when headlines are involved. Suddenly, everyone seems to have a side career as a geopolitical expert. Social media is overflowing with confident takes, real-time “analysis,” and the…

I periodically recycle old posts on my blog to ensure that new clients can benefit from valuable content they may have missed and this post is one such example. I recently asked my capable partner to pull together some data on our global clients, and the results tell an interesting story about age and wealth….

The on-going attack on Iran by the US and Israel is now disrupting parts of the global energy system. The war has created the “largest supply disruption” in history, the International Energy Agency said, even though dozens of countries agreed to release 400 million barrels. Can the world withstand oil at USD200? Let me be…