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Middle East: Limited Israeli Retaliation

Strategy Report ·David Roche ·26 Oct 2024

Limited Israeli retaliation Against Iran will relieve markets. But it does not change outlook for a wider war to be waged by Israel to achieve regime chnage in Tehran targeting Iran's oil assets and nukes within 12 months. The current attack will not break the mould of market i…

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When Macro Will Matter

Strategy Report ·David Roche ·22 Oct 2024

Macro uncertainty (high) and market volatility (low) have divorced. The piece explains why and when it will end. This will happen in the next twelve months. The catalyst will be conflicts that incur economic cost beyond what markets can ignore.

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Winter of Discontent

Strategy Report ·David Roche ·07 Oct 2024

There will be a bear market in the next 12 months. The DNA of the bear market is writ large: the inevitable war on Iran’s nuclear weapons capabilities; Russia and Ukraine again becoming economically relevant to markets; unrequited market expectations for growt…

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Middle East: The Inevitable War That'll Matter to Markets

Strategy Report ·David Roche ·04 Oct 2024

A war on Iran's nuclear assets is inevitable within a year. That is the geopolitical event that will produce a market meltdown because any attack on nuclear weapons facilities raises the risk of the terminal value of your assets being zero,

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Middle East - Small Attack, Big Message

Archive Report ·David Roche ·19 Apr 2024

This Strategy Report is from the Archive, and is presented in its original format. Tags have been generated by AI. If you notice any inconsistencies, please get in touch.

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Things I Believe - Without Proof

Archive Report ·David Roche ·25 Jan 2024

This Strategy Report is from the Archive, and is presented in its original format. Tags have been generated by AI. If you notice any inconsistencies, please get in touch.

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Macro Trilogy

Archive Report ·David Roche ·12 Jan 2024

This Strategy Report is from the Archive, and is presented in its original format. Tags have been generated by AI. If you notice any inconsistencies, please get in touch.

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Dark Clouds

Archive Report ·David Roche ·27 Oct 2023

This Strategy Report is from the Archive, and is presented in its original format. Tags have been generated by AI. If you notice any inconsistencies, please get in touch.

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The Decade Of Going Going Gone

Archive Report ·David Roche ·24 Aug 2023

This Strategy Report is from the Archive, and is presented in its original format. Tags have been generated by AI. If you notice any inconsistencies, please get in touch.

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