INSIGHT

SORBUS spotlight: central banking gets exciting

In 2022 we have seen the first decisive steps in unwinding the largest economic experiment ever undertaken: the mass injection of debt and liquidity into the economy after the financial crisis. Surging inflation is now compelling central bankers and governments to react.

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Bitcoin

We last spoke about Bitcoin in 2013: “We would classify them as an interesting fad, Bitcoins are structurally flawed but an alternative online non-governmental currency may well endure”.

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Property investing – a cautionary tale

Perhaps it is fitting that the US election limps rather than sprints towards a resolution. When half of the population no longer trusts the media (not unreasonably), separating truth from fiction is a more arduous task than it used to be.

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Tesla the madness of cars

$2,000 a share was an important milestone for Tesla, at that price it was valued at $372bn. This seems like a big number and we are reminded of Senator Dirksen’s famous quote “A billion here, a billion there, and pretty soon you’re talking real money.“

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Machines of loving grace

I like to think (and
the sooner the better!)
of a cybernetic meadow
where mammals and computers
live together in mutually
programming harmony
like pure water
touching clear sky.

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Coronavirus April update

The (relative) calm of markets in the week before Easter allowed us to discuss our analysis of the longer term ramifications of the virus, of governments responses and finally to what the economy will look like when it emerges from lock-down.

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Negative yields and coronavirus panic

Markets have clearly been highly volatile. It has been a long time since the circuit breakers (which halt trading when prices have fallen by a certain %) were used. Equity markets fell sharply yesterday and corporate debt markets were practically untradeable at any volume.

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Coronavirus February update

Markets have fallen sharply over the last few days, ostensibly because of worsening reports over the spread of coronavirus, and we wanted to communicate our thoughts on the matter.

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