Time to dig out those tin hats

A few reflections on what’s happening

I’m currently away in sunny Italy. Thank you for all the suggestions of places to visit—they are much appreciated.

My timing is, of course, impeccable, as all hell breaks loose in the markets – although why we are quite so surprised is beyond me, given Trump’s election commitments. I’m sure you’ve all read a massive amount of news and commentary, and, li…