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A Strategy for Chokeholds

Strategy Report ·David Roche ·20 Apr 2026

A Strategy for Chokeholds This report is about lessons to be learned from the Middle East blockades for the long term de-risking of portfolios and of supply chains. The former lessons are for portfolio managers and the latter for policy makers. The need is urgent because the…

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Tariffs – The Aftermath

Strategy Report ·David Roche ·26 Feb 2026

Tariffs – The Aftermath Investment Conclusion. We are far from done with volatility from Tariffs and Trade. The use of S.122 of the Trade Act 1974 is illegal in my judgement. It is also unfit for purpose as a policy to “correct” the US trade deficit. This leaves …

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Report

The Real Davos Debate

Strategy Report ·David Roche ·21 Jan 2026

The Real Davos Debate analyses the implications of accelerated European economic militarisation if President Trump dumps NATO. The costs, financing and fiscal and monetary implications are grouped under the headings of: Accelerating EU defence spending to 5% of GDP in…

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