Political uncertainty continues to be a major force in the investment landscape...
Ultimately ...
This weeks outage will only lead us in one direction - the requirement to have more resilience and more infrastructure that can be quickly isolated and reset ... which means alot of capex to create a truly regionalised network backbone...
Quite how ...
Someone will have to explain to me how you chop this much out of a building on a cost effective basis ...
China ...
That kind of M1 growth is going to be difficult to navigate ...
Striking chart ...
Capex keeps fall'in on my head ...
Plaza 2.0
If you know you know ...
US RTO ...
Something to keep an eye on ...
Remembering of course that the melt up ran for a while before we reached a turning point ...
What happens to the yield curve when the first cut comes through?
The entire curve steps down ... but it also re-steepens (as 2yr rates fall faster and further than 10yr)...
