I spoke with Sehrish Khan, an OMIG investment analyst, about their concerns of inflation staying higher for longer… potentially decades. Their reasoning is the three Ds: decarbonisation, deglobalisation, and demographics, each of which adds upward pressure to inflation in the developed world.Rand Swiss’s Viv Govender is very bullish on AI, and I spoke with him about the Nvidia results. His caution is Chat GPT 5, likely out late this year.
Our MPC left rates unchanged as expected, and I spoke with Rhandzo Mukansi of Futuregrowth about global rate trends. Four major central bank rate decisions are expected in the next three weeks. He only expects the ECB to cut, with the rest leaving rates unchanged.Reunert had good results, aside from some port issues that hurt Nashua sales, and I spoke with Group CEO Alan Dickson.