Stocks and precious metals bounce around as more earnings come and go, the Fed holds rates steady as expected, and a new Fed chairman is nominated by Mr Trump.

President Trump has shown his populist colours by jumping on board a liberal proposal to cap credit card interest rates at 10% for one year. This makes no sense! And it looks to be going nowhere fast.

Mr Trump was just where he wanted to be – the centre of attention at the #WEF in #Davos. Fortunately for investors, he climbed down from his "gotta have Greenland" position to reach some sort of undisclosed "deal" with the Europeans. Concurrently, JGB yields spiked with investors spoked by the budget outlook in Japan. Ultimately, US and European stocks ended the week lower, as Asian and emerging stocks drove gains. Gold continues to power ahead.

This article is an update of my personal portfolio at year-end 2025. My blended full-year return for 2025 across my portfolio (excluding alternative assets) was 17.1%.   It helped being in the right names, a combination of a bit of skill and experience, and a lot of luck.

This is a short article about the K-shaped economy, driven by persistently high inflation and exacerbated by the errant "One, Big Beautiful Bill".

US Treasury yields are stuck, with the 10y UST yielding just north of 4%, What might be coming next? This article presents the factors that will influence the next gap up or down in UST yields.

I am not expert in artificial intelligence, although I do have a basic grasp of its expected benefits balanced by the possible social implications. However, this article focuses on A.I. from an investor's perspective, since the stocks of companies that can attach themselves even loosely to the A.I. narrative have taken off like a rocket.

As risk markets surge, especially US stocks (but also corporate bonds), it's hard not to scratch your head and ask how long this can carry on? I have no idea, but I think the end might be near. In the meantime, I stick to my standard investment approach.

This article contains tables and commentary regarding the rather volatile but ultimately positive first half of 2025.

NATO was front and centre last week as the annual NATO Summit was held in The Hague on Tuesday and Wednesday, making it an opportune time...

Inspired by Mr Trump's false claims that he inherited the "worst economy ever", this article looks at administrations' economic performance.

This article summarises two articles and one podcast that are topical,: US/EU automotive tariffs, social security "fraud", and steel tariffs

The week started with the Trump Administration announcing tariffs on Mexico, Canada and China, the first two of which were quickly rescinded

Better late than never, in that this article is about my views on American exceptionalism, both economically and as far as US stocks.

This article contains a summary of full-year 2024 performance of the indices and assets tracked by EMC, plus historical data, too.

I "guessed" at how markets would perform in 2024 last year at this time. Some I got right, some I got wrong, not different from the pros.

MicroStrategy (MSTR) has had an amazing run since it adopted its Bitcoin accumulation strategy in Aug 2020. Has it run too far too fast?

Some stocks that clearly "track" President-elect Trump's varied campaign promises have rallied hard, including TSLA, BTC, COIN and KRE.