An increased focus on investing in business outcomes as opposed to buying finished products underlies Gartner’s expectations for sustained growth in IT services — 9.8% in 2021, with a CAGR of 8.68% over the 2020-2025 period (second only to software at 11.9%). Also noticeable in Gartner’s forecast is a sharp near-$100 billion rise in spending […]
Pound Sterling on a Tear
The economic gloom is lifting so fast in the U.K. that even the skeptics are warming to the Pound Sterling which is up more than 4% from its January low. Thanks to one of the world’s fastest vaccine-rollout programs, the pound is winning fresh backing as the faster-than-expected recovery fuels speculation that the Bank of England is […]
Consumer Spending on the Rebound
Consumer spending as a whole is set to rebound strongly post Covid19. However, the recovery is likely to be uneven with high-income households with members who could work remotely being in a better position to spend. Low-income households will likely not return to 2019 spending levels by 2024, especially US families that have lost jobs […]
Interview: Stampede, Bitcoin and AI
Last week, I had the opportunity to do my first Facebook and YouTube Live Stream with Gary A. Fowler, venture capitalist, CEO, and Co-founder of GSD Venture Studios. We not only had a brief discussion about the ‘Connectivity of the Global Private Capital Markets in a Decentralised World’ but had a candid conversation ranging from […]
Bitcoin on Balance Sheets
The first quarter of 2021 witnessed increasing institutional involvement in cryptocurrencies and public companies Tesla and Square join Microstrategy in adding Bitcoin to their balance sheets. Source: CoinDesk
Smartest Money Isn’t Buying (Yet)
As Warren Buffett takes centre stage this afternoon at 4 pm EST (9 pm BST) to host the Berkshire Hathaway Annual General Meeting, I’m looking forward to hearing his perspective on the coronavirus pandemic and implication for investors. Buffett has been surprisingly quiet over the past few months as the U.S. markets crashed and rebounded […]
Covid-19 Triggers Second Worst Sell-off
Global stock markets and in particular the S&P 500 index had once of the largest sell-offs in history as highlighted by the chart above. Only during the 1987 stock market crash ‘Black Monday’ did we have a steeper sell-off with the market falling on average 2.5% per day. Image source: Tastytrade
Once in a Millennium
Today is February 2nd, 2020, or 02-02-2020 is a rare palindrome that occurs once in a millennium. The word palindrome comes from the Greek words “Palin,” which means “again, back” and “dromos,” meaning “running,” according to dictionary.com So palindrome is a word or phrase that runs back on itself. I don’t watch much news other […]
Bitcoin Turns 11 Today
Happy Birthday, Bitcoin! This evening 11 years ago, on January 3rd, 2009, someone pressed a button on his (or her) keyboard and created a new currency. There was no paper, gold, or silver backing it, just bits and 31,000 lines of software code with a simple announcement on the Internet. Along with a 9-page Whitepaper […]
Would you do a Vegan Christmas?
Would you consider a meat-free holiday season? I’m all for a beef-less Wellington with a few glasses of Nosecco. UK supermarkets (and around the world) there is a growing drive to provide more vegan options to support sluggish retail sales as consumers (finally) are being healthy and environmentally conscious.