The three Ts: Turkey, Tesla… and turmoil

The three Ts: Turkey, Tesla… and turmoil

‘The best thinking has been done in solitude. The worst has been done in turmoil’ – Thomas A. Edison Mention of ‘Turkey’ in the summer is typically centred around a summer holiday or some unseasonal longing for a Christmas meal.  In the last week or so, however,...
Why I never go on holiday in August

Why I never go on holiday in August

‘To many, Heathrow in August is a paradigm of Hell’ – Paul Johnson I admit it, I am bad at taking holidays.  A few quiet hours here or a sly afternoon away from the laptop there feels much more refreshing than the forced jollity of two weeks away from the...
What a stock market index does not tell you

What a stock market index does not tell you

‘An index is a great leveller’ – George Bernard Shaw I am fairly certain the Irish dramatist was making reference to an index in a book but his quote is equally applicable to the world of stock market indices. Indices are the wonderful catch-all mechanism by...
As one quarter finishes…

As one quarter finishes…

‘The cloud never comes from the quarter of the horizon from which we watch for it’ – Elizabeth Gaskell A new quarter starts…and a new pessimism starts? Early equity market moves on first July were generally down driven by further twists and issues in the...