Musings on Markets

      Crass and mercantile though this may sound, the end game for a business is to make money, and a business that fails this simple test c...

     In my first four posts, I looked at markets - equity, debt and collectibles - in the aggregate performed in 2025. In this post, I turn ...

    If you have read my first three data updates  in 2026, I won’t blame you if you skip this one, because you found them long and boring. I...