After Trump declared – for the 38th time – that an agreement had been made with Iran, it looks like it may have finally happened. What this means is yet to be properly ascertained, but it is promising.
The post Iran: From Enemy State to Speculator’s Wildest Bet? first appeared on JP Fund Services.

The past week we saw markets do what they always do when there is a sniff of peace in the air: stop worrying for five minutes, buy the usual favourites, and pretend the world has suddenly become sensible. Lovely idea. Shame about reality.
The post Are Markets Pricing Relief, Instead of Reality? first appeared on JP Fund Services.

The S&P 500 and NASDAQ kept pushing into record territory, and yes, the headlines look lovely. New highs, AI enthusiasm, tech optimism, all the usual confetti. But let’s not kid ourselves.
The post Trade the Rally, Don’t Marry It first appeared on JP Fund Services.

Markets spent the past two months doing what markets often do when the world looks half-mad: they climbed the wall of worry, had a little look over the top, then remembered there was war, inflation, central banks, oil, politics, and plenty of nonsense still waiting on the other side.
The post Markets: Still Climbing, Still Wobbly first appeared on JP Fund Services.

I turned 69 this week, which is an awkward number to announce in polite company and an even more awkward one to celebrate while watching these markets pretend they know what they’re doing.
The post Sixty-Nine… Strangely Enough, Not My Favourite Number appeared first on JP Fund Services.

I don’t cry when I lose money. Markets do what markets do. They give, they take, and if you’ve been around long enough, you learn to take your medicine without throwing the toys out of the pram.
The post I Don’t Cry When I Lose Money, But When It Comes to My Country… appeared first on JP Fund Services.

Well then… just as we discussed back in early April, cocoa has done exactly what it said on the tin. It’s now pushed up to 4,800 per tonne – a tidy 60% rally in a little over a month. Not bad for something most people wouldn’t recognise unless it came wrapped in foil.
The post Not only did Cocoa deliver, but some “unfashionable” trades did well too first appeared on JP Fund Services.
The post Not only did Cocoa deliver, but some “unfashionable” trades did well too appeared first on JP Fund Services.

Markets have spent the past week doing what they do best – telling you everything’s fine while quietly shifting the furniture when you’re not looking. And if you’ve been around the block a few times, you’ll know that’s usually when you want to start paying attention.
The post Crowded Markets Dancing on a Loaded Gun first appeared on JP Fund Services.
The post Crowded Markets Dancing on a Loaded Gun appeared first on JP Fund Services.

Four weeks ago, while bombs were flying and the markets were losing their minds, with everyone frantically trying to outguess Trump and the IRGC, I told readers to ignore the noise and look at commodities instead. They were vastly less susceptible to the idiotic knee-jerk reactions that dominate headline-driven trading.
The post While You’re Panicking Over Trump and Mullahs, We Were Making Money Unfashionably first appeared on JP Fund Services.
The post While You’re Panicking Over Trump and Mullahs, We Were Making Money Unfashionably appeared first on JP Fund Services.

If you’re buying the current market story without asking questions, you’re braver than I am – and I’ve been around long enough to have the scars to prove it.
The post It Appears Complacency Is Back… That Rarely Ends Well first appeared on JP Fund Services.
The post It Appears Complacency Is Back… That Rarely Ends Well appeared first on JP Fund Services.