by adrian tout | Dec 20, 2025 | Uncategorized
Words: 1,032 Time: 5 Minutes When everyone leans to one side of the boat Invert. Always invert Don’t forget the long-end of the curve It seems we’re all bullish now… The article above reminds of an old saying: When everyone is leaning to one side of... by adrian tout | Dec 18, 2025 | AI, Valuations
Words: 2,096 Time: 9 Minutes Fed adds more fuel to the stock market Three valuation charts which give me pause Patience required for a meaningful correction This week the Fed gave the market its Christmas present. Powell & Co were clearly in a festive mood –... by adrian tout | Dec 17, 2025 | AI, Bubbles, NVDA, Risk
Words: 1,737 Time: 7 Minutes Off the air for a while… When ChatGPT changed everything What are some of the “grey swans” for 2026 Unfortunately I’ve been off the air the past few weeks. A family emergency has meant I’ve not had the time to... by adrian tout | Nov 21, 2025 | AI, Asset Allocation, Bubbles
Words: 1,215 Time: 6 Minutes Nvidia’s good news was already baked in… But Jensen doesn’t see any sign of a bubble?! New barometer for credit risk… a stodgy database company Earlier this week I said “Nvidia (NVDA) will handily beat all... by adrian tout | Nov 17, 2025 | AI, Big Tech
Words: 1,925 Time: 8 Minutes Watching hyper-scaler capex growth and relative depreciation Notable investors sold large cap tech – others are buying S&P 500 continues to lose momentum All eyes will be on the world’s most valuable company – Nvidia...