Journal
April 2025
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Money is a Scarce Resource
Good Morning Ladies and Gentlemen ”All the socialists understand about money is that they want it from others.” Konrad Adenauer The Gap US consumer confidence has yet to recover from the downturn caused by the COVID-19 pandemic in spring 2020. In contrast, the S&P 500 has reached new all-time highs, leading to a widening […]
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Unfair! So What!
Good Morning Ladies and Gentlemen ”Every champion was once a contender who refused to give up.” Rocky Balboa People often remain unaware of perspectives outside their bubble, a realisation that is not particularly new. Nevertheless, instead of responding with indignation to the Trump administration’s tariffs, I believe that global political leaders and the […]
March 2025
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Incrementum Year-End Competition 2025-Edition / First Update
Good Morning Ladies and Gentlemen ”The public buys the most at the top and the least at the bottom.” Attributed to Wall Street Legend Bob Farrell Update Can you believe we are already wrapping up the first quarter of 2025? Time is flying by! I wanted to share a quick update on the […]
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Incrementum Year-End Competition 2025-Edition
Good Morning Ladies and Gentlemen ”It’s such a momentous change going on. If it continues like this, capital allocators will wonder: ‘Do I want to stay allocated to the U.S.?” Mansoor Mohi-uddin, chief economist at Bank of Singapore I believe that Europe is undergoing an awakening process, which is a positive development! However, […]