Time goes fast. It’s that time of the year again when the IMF approves its latest Greece “bailout”. Ha. Hardly a whimper of reporting on this one, nor on the Netflix push through a valuation of 200 times its earnings!! The Greek bailouts are a constant reminder of how interconnected the financial system is. Every […]

The weird world of investing in FY 2016/17 was a place where you needed to embrace the cognitive dissonance of competing views; where rising credit risks produce lower rates; where a central bank can become a major shareholder of listed companies; where you can buy a fantasy basket of stocks and short volatility… or maybe […]