Written Commentary
The Ghost in the Machine Q1 2024
March 19, 2024
Welcome to September 2020 edition of the Ghost In The Machine.
This edition is again unsurprisingly dominated by the Covid-19 pandemic and its impact on markets and the global economy.
As the biannual London Sugar Week approaches, there are in-depth looks at the prospects for demand and supply in the sugar market for the new season. Mental health issues in the Agricultural sector have been something of a taboo subject for decades, but nevertheless a lived reality, but finally there are some initiatives at a national level in a number of countries to create support communities to discuss the many challenges such as safety, work life balance and persistent financial uncertainty.
As the Federal Reserve shifts to Average Inflation Targeting, an obvious question is why a traditional ‘inflation hedge’ such as Gold should be outperforming so many other asset classes, we take a look at some of the other factors behind the rally.
Ultra easy central bank monetary policy in the developed world is clearly here to stay for a number of, if not many years to come, but are the sharp rallies in equity markets really a bubble that is close to bursting, and what is the evidence from models? Brexit related deadlines are fast approaching, and this will have consequences for the UK and EU financial sectors, what are the key issues, above all in operational terms from a regulatory / legal perspective, and will cool heads prevail?
The EU has put environmental and climate change related issues front and centre of its recovery plans, above all establishing the EU as a world leader in hydrogen technology, we take a look at its strategy outline, and offer some introductory background on the various forms of hydrogen energy.
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