Thus far, 2023 has proven to be a resilient year with better than expected economic growth and positive market returns across developed equity markets, but the outlook is getting cloudier. Consumer spending in the US continues to be robust, business investment remains relatively strong, inflation is declining, but remains above
| FUTURE OF FINANCE Once at the forefront of digitalisation, financial institutions have fallen behind, still feeling the after-effects of the Great Financial Crisis. Established business models are threatened by the rise of newcomers, such as those in financial technology (FinTech), digital assets, and decentralised finance (DeFi). A new cycle of
I will start this post with a couple of confessions. The first is that my portfolio has held up well this year, in a market that has been top-heavy and tech-driven, and one big reason is that it contains both NVIDIA and Microsoft, two companies that have benefited from the
Generative Artificial Intelligence (AI) is rapidly changing the gaming industry. In addition to increasing efficiency in game development and improving accessibility, the biggest impact of generative AI is likely to be on in-game content. Games are complex and a huge entertainment market. Roughly 3.2 billion players generated $184.4
In the year 1846, a community of around 300 families, seeking refuge from unrelenting religious persecution, embarked on a courageous journey from Nauvoo, Illinois, to what we now know as Salt Lake City, Utah. These intrepid individuals eventually numbering about 56,000 and known as the "Mormon Pioneers,"
Families are like trees. Over time, their branches grow and their roots deepen. Some grow tall and strong for hundreds of years, sending seeds to far-flung fields. Others stay small, stifled by shallow ground and a lack of sun. But even the sturdiest tree can fall prey to an unexpected
It was 1943. In the midst of a world at war, a new university was created and was about to have its first day of activities. A simple ceremony was held, and when everybody was expecting an inaugural speech, the man who made it possible just said: “you should go