{"id":49063,"date":"2019-10-21T08:40:47","date_gmt":"2019-10-21T13:40:47","guid":{"rendered":"https:\/\/olduvai.ca\/?p=49063"},"modified":"2019-10-21T08:40:55","modified_gmt":"2019-10-21T13:40:55","slug":"blains-morning-porridge-october-21st-2019","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=49063","title":{"rendered":"Blain\u2019s Morning Porridge  &#8211; October 21st 2019"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\"><strong><a href=\"https:\/\/morningporridge.com\/the-morning-porridge\/f\/blains-morning-porridge---oct-21st-2019\">Blain\u2019s Morning Porridge \u00a0&#8211; October 21st 2019<\/a><\/strong><a href=\"https:\/\/morningporridge.com\/the-morning-porridge\/f\/blains-morning-porridge---oct-21st-2019\">\u00a0<\/a><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><em>\u201cIf you wake up on a Casper mattress, work out with a Peloton before breakfast, Uber to your desk at a WeWork, order DoorDash for lunch, take a Lyft home, and get dinner through Postmates, you\u2019ve interacted with seven companies that will collectively lose nearly $14 billion this year.\u201d<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It\u2019s a big week for markets with the ECB meeting, some critical Q3 stock numbers and a host of things to worry about in terms of economic releases and the continuing slowing of the Chinese economy. Its all critical stuff for the bond market \u2013 which I reckon is a ticking time-bomb. But more about that later\u2026 For stock markets, the quote this morning sums it up \u2013 the mood is changing: forget the disruptive tech unicorns and focus on fundamentals. But, first up we really can\u2019t ignore the Brexit mess in the UK. &nbsp;Saturday\u2019s SNAFU gives investors another chance to load up on Sterling. &nbsp;At some point Brexit will be fixed. &nbsp;It might be messy.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Brexxxxxxiiiiitttt\u2026..&nbsp;<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">I am sure foreign readers are wondering how the Mother of All Parliaments is making such a Horlicks of the Brexit negotiations. \u00a0It really doesn\u2019t look good does it? \u00a0\u00a0On the other hand, it does show the vibrancy of our political process, and the fact individuals can force it to change. It\u2019s just a shame so many of these individuals seen to be self-seeking egotistical numpties of the worst kind \u2013 but even Oliver Letwin has a mother that probably loves him. \u00a0<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The reason Brexit is so messy is simple. It boils down to weak government \u2013 which is a recent thing here in the UK.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&nbsp;\u2026click on the above link to read the rest of the article\u2026<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Blain\u2019s Morning Porridge \u00a0&#8211; October 21st 2019\u00a0 \u201cIf you wake up on a Casper mattress, work out with a Peloton before breakfast, Uber to your desk at a WeWork, order DoorDash for lunch, take a Lyft home, and get dinner through Postmates, you\u2019ve interacted with seven companies that will collectively lose nearly $14 billion this [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[3995,195,22663,820,2080],"class_list":["post-49063","post","type-post","status-publish","format-standard","hentry","category-economics","tag-credit-markets","tag-debt","tag-morning-porridge","tag-uk","tag-united-kingdom"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/49063","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=49063"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/49063\/revisions"}],"predecessor-version":[{"id":49064,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/49063\/revisions\/49064"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=49063"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=49063"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=49063"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}