Charlie Morris

Trade in Whisky; There is disquiet as our two long-standing, multi-asset investment trusts have come under pressure. The Capital Gearing Trust (CGT) and the Ruffer Investment Company (RICA) have excellent long-term track records and would both be considered diversified and defensive. Yet things have gone wrong for these strategies in

I have had several emails about dealing in Tenaris (TEN IT), where IT means Italy. Some have asked if Tenaris SA is the same thing. SA is similar to Ltd or Plc. So yes, SA is fine. Others have seen MI on their platform, which is Millan. That is fine.

Trade in Whisky; US equities think it’s a bull market, European equities are scratching their head, while Asian equities see a crisis. In contrast, surging interest rates fight stagflation, commodities see a recession, and the long bond a depression. Gold softness reflects relief in global tensions, while Bitcoin advances