Serious investment thinking that doesn’t take itself too seriously.
The eyes of the world may be on the US presidential election. But another, usually sleepy campaign is underway: European Parliament elections in June 2024. Most of the action takes place in the executive and bureaucracy (the European Commission). But Parliament must approve laws. This could have...
Industrial/residential is the new office/retail. In 1991, 37% of the UK institutional property market measured by IPD was retail; by 2001 this had risen to over 45%. In...
In a housing crisis, that just doesn’t add up. When I first moved to New Zealand – even after living in some of the highest-priced US property markets – I was taken aback by...
In 1862 we got the Gettysburg Address, in 1941 it was Roosevelt’s Day of Infamy and in 1983 it was Ronald Reagan’s Evil Empire speech. This year it...
It worsens the housing crisis – but there is a fix. The UK’s housing crisis hardly requires an introduction. It affects people across the housing spectrum –...
Various aspects of cryptocurrency use have been banned in China numerous times over the better part of the past decade. The most stringent barriers yet, though, were announced on...
These words are written soon after the end of the UK’s work protecting – what many claim was a ‘true’ job data distorting – furlough scheme. They come in the midst of a...
Falling below the red lines. Evergrande, the most indebted real estate company globally, faces mounting bankruptcy risks as the company has defaulted on payments and...
It’s still all to play for in the REIT sector. I make no apologies whatsoever for repeating much of my mantra for the quoted REIT sector this year. The themes remain...
We take it for granted that we can go to a supermarket and buy all the food we need or get it delivered. However, as we look forward, that may not always be the case. The UK...