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Tariffying!

Strategy Report ·David Roche ·30 Mar 2025

Tariffying! US “remedial” tariffs to be announced on April 2 will raise the US effective tariff rate to above 15% - a level not seen since the Great Depression era. This is above the level needed to cause Tariff-Induced-Stagflation in the US economy. The announcement will co…

Report
Report

The Call - Dial "M" for Moscow.

Strategy Report ·David Roche ·19 Mar 2025

The Call - Dial "M" for Moscow “ The absence of war is not peace and can be the prelude to war” Putin offered Trump just enough to prevent a breakdown in negotiations. The sectorial “Truce” is meaningless. Putin will use upcoming talks to pursue Russia’s maxim…

Report
Report

The Wealth Protection Portfolio - What's happening

Strategy Report ·David Roche ·18 Mar 2025

Wealth Protection Portfolio - What's Going On This is what has been going on in the Wealth Protection Portfolio (“WPP"). C hanges are updated since March 1 in the text and the comes the WPP with recent and ongoing changes in red. Overarching theme : removal of expos…

Media
Podcast

RTHK: The Close: Trump Policy …………….. Trump What? Did i hear you right?

Podcast ·David Roche ·10 Mar 2025

RTHK: The Close: Trump Policy …………….. Trump What? Did i hear you right?

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Report

War Dividend

Strategy Report ·David Roche ·09 Mar 2025

War Dividend A tectonic plateshift has started. There will be a War Dividend to recoup the Peace Dividend since the Fall of the Berlin Wall. Events in Europe will cause a global arms race as Alliances break down and nations and blocs “go it alone”. Defence demand will far exc…

News
News

Taiwan- Canary in the Coal Mine

Update ·QS Team ·08 Mar 2025

Taiwan- Canary in the Coal Mine The disruption of the North Atlantic Alliance and the Liberal World Order are being acted upon by Beijing. Beijing beleives that these events reinforce its conviction that democracy is too decadent to defend itself and that the US will not…

News
News

The ECB - Seascapes, Poetry & more rate cuts to come.

Update ·QS Team ·07 Mar 2025

ECB Policy Meeting. Conclusion: ECB will continue to cut rates by 25bp in each of the next two meetings. The ECB did as expected: 25bp off all three policy rates and changed to language on monetary stance from being restrictive to a more neutral stance. The…

Report
Report

Alarming for War

Strategy Report ·David Roche ·05 Mar 2025

Financial market make no provision for the cost of economic nationalism, the destruction of alliances and the alignment of Russia and the US in an "obsedo-alliance". This will change. When it does expect recession or worse. The Confidence, Credit and Wealth loops from financi…

Report
Report

Arming For War

Update ·David Roche ·05 Mar 2025

The markets make no allowance for the diruption of economic nationalism, the destruction of global alliances and the the preparation of inevitable war. This report rips the veil of denial with 5 bullet points on one page.

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