Blain’s Morning Porridge – October 16th, 2026“Markets are not smart or intelligent, but they are very efficient at converging on the wrong conclusions.”It’s been a bad week in the AI markets. Suddenly…
Blain’s Morning Porridge – October 15th, 2026“Be certain that those who will betray you once will betray you again.”Ukraine was stabbed in the back yesterday. Its defenders found their access to…
Blain’s Morning Porridge – October 14th, 2026“All the world’s a stage – and the French like to think they are at the centre of it.”French political instability and it’s looming fiscal crisis will…
Blain’s Morning Porridge – October 13th, 2026“It is not the man who has too little, but the man who craves more, that is poor.”Should Donald Trump have won the Nobel Prize in Economics? His…
Blain’s Morning Porridge – October 12th, 2026“Be careful if America is your enemy. Be terrified if they are your friend.”Consequences spread like ripples on a pond. Trump lobbed the bloody great rock…
Blain’s Morning Porridge October 9th, 2026“Taxation is the price we pay to remain civilised.”The US economy looks rosy – if you are looking at the fantabulous promises of the Stock Market. The reality…
Blain’s Morning Porridge October 8th, 2026“Everyone will own a Blackberry by 2015.” Just how much money is the AI boom going to make? No one really knows, but everyone is placing their bets. AI…
Blain’s Morning Porridge October 7th 2026“In stocks there are hopes and dreams. In bonds there is brutal truth.”The equity rally to yet new all-time-highs feels unconvincing. Expectations of…
Blain’s Morning Porridge October 6th, 2026“Athletes want to be the best, and want someone to pay for it.” The threat list to markets has suddenly expanded – plague, protests and increasing signs the…
Blain’s Morning Porridge, 5th October 2026“Bonds don’t answer questions. They inflict consequences.”This morning something different. A review of Robin Wigglesworth’s new book, A Fabulous Debt, on the…
