Blain's Morning Porridge
Episodes
Record US Stock Markets But Something Ain’t Right?
27 May 2026
Contributed by Lukas
Blain’s Morning Porridge, May 27th, 2026 – Record US Stock Markets But Something Ain’t Right? And what rough beast, its hour come round at last...
AI - Who Should We Listen To? The Pope or the AI Owners?
26 May 2026
Contributed by Lukas
Blain’s Morning Porridge May 26th, 2026: AI - Who Should We Listen To? The Pope or the AI Owners?“Contemporary man has not been trained to use pow...
Just how bad could the bond market get?
22 May 2026
Contributed by Lukas
Blain’s Morning Porridge May 22nd 2026 – Just how bad could the bond market get?“Ships make no money sitting in port, so build and sail them to...
When Personalities Lead the Markets what might follow?
21 May 2026
Contributed by Lukas
Blain’s Morning Porridge May 21st, 2026 – When Personalities Lead the Markets what might follow?“Second prize is a set of steak knives…”I kn...
Defence Investment is evolving fast, and the winners are in Ukraine.
20 May 2026
Contributed by Lukas
Blain’s Morning Porridge 20th, May 2026 - Defence Investment is evolving fast, and the winners are in Ukraine.“The war for which Generals prepare ...
Why are politics so broken when markets are so strong?
19 May 2026
Contributed by Lukas
Blain’s Morning Porridge May 19th, 2026 – Why are politics so broken when markets are so strong?“The only thing that scares me is Keyser Soze.”...
The Truth and Financial Media risk becoming strangers
18 May 2026
Contributed by Lukas
Blain’s Late Afternoon Porridge, Monday 18th, May – The Truth and Financial Media risk becoming strangers“The past is erased, the erasure is for...
What did we learn from the Beijing show?
15 May 2026
Contributed by Lukas
Blain’s Morning Porridge, May 15th 2026 – What did we learn from the Beijing show?“He was a gentleman on whom I built an absolute trust.”Trum...
What did we learn from the Beijing show?
15 May 2026
Contributed by Lukas
Blain’s Morning Porridge, May 15th 2026 – What did we learn from the Beijing show?“He was a gentleman on whom I built an absolute trust.”Trum...
Don’t Blame Starmer, Britain was Broken years ago...
14 May 2026
Contributed by Lukas
Blain’s Morning Porridge May 14th, 2026 – Don’t Blame Starmer, Britain was Broken years ago... “And was Jerusalem builded here, among these d...
The NACHO Trade and What it Might Lead To
12 May 2026
Contributed by Lukas
Blain’s Morning Porridge May 12th, 2026 – The NACHO Trade and What it Might Lead To“It may look pure, but only because blood washes so easily fr...
A tale of 3 Cities, London, DC and Beijing.
11 May 2026
Contributed by Lukas
Blain’s Morning Porridge May 11th, 2026 – A tale of 3 Cities, London, DC and Beijing.“[The sun] rose upon no sadder sight than the man of good a...
81 years later what have we learnt?
08 May 2026
Contributed by Lukas
Blain’s Morning Porridge May 8th, 2026 – 81 years later what have we learnt?“War is the unfolding of miscalculations.”Today is the 81st anniv...
The AI Revolution is set to consume itself.
07 May 2026
Contributed by Lukas
Blain’s Morning Porridge May 7th, 2026 – The AI Revolution is set to consume itself.“Like Saturn, the Revolution devours its own children.”Mar...
Gilts and the Labour Party; the Judder Moment
06 May 2026
Contributed by Lukas
Blain’s Morning Porridge May 6th, 2026 – Gilts and the Labour Party; the Judder Moment“Apres Moi le deluge...”The UK is not about to disappear...
Who will prove the eventual winners?
05 May 2026
Contributed by Lukas
Blain’s Morning Porridge May 5th, 2026 – Who will prove the eventual winners?“All the perfumes of Arabia will not sweeten this little hand…”...
Who will prove the eventual winners?
05 May 2026
Contributed by Lukas
Blain’s Morning Porridge May 5th, 2026 – Who will prove the eventual winners?“All the perfumes of Arabia will not sweeten this little hand…”...
Stagflation... No, definitely not... but yes.
01 May 2026
Contributed by Lukas
Blain’s Morning Porridge Mayday 2026 – Stagflation... No, definitely not... but yes. “By tax adjustments we have planned to institute the promi...
Defence: too complex, too difficult, which is why you must invest!
30 Apr 2026
Contributed by Lukas
Blain’s Morning Porridge 30th, April 2026 – Defence: too complex, too difficult, which is why you must invest!“If you want to value the price of...
Malta, The King, The Gulf and whatever next….
29 Apr 2026
Contributed by Lukas
Blain’s Morning Porridge April 29th, 2026 – Malta, The King, The Gulf and whatever next….“America’s words carry weight and meaning… the ac...
Gilts Wobble as Much as Starmer…
22 Apr 2026
Contributed by Lukas
Blain’s Morning Porridge April 22nd, 2026 – Gilts Wobble as Much as Starmer…“All political lives end in failure…..”The spike in Gilt Yield...
Robots, Competition and Total Addressable Markets.
21 Apr 2026
Contributed by Lukas
Blain’s Morning Porridge April 21st, 2026 – Robots, Competition and Total Addressable Markets.“When Henry Ford made cheap, reliable cars, people...
Day Trading vs 60-year K-Waves
20 Apr 2026
Contributed by Lukas
Blain’s Morning Porridge April 20th, 2026: Day Trading vs 60-year K-Waves“He must know something, but don’t say nothing...”The markets are on ...
Sports Investments on a Wobble
17 Apr 2026
Contributed by Lukas
Blain’s Morning Porridge April 17th, 2026: Sports Investments on a Wobble“I skate to where the puck is going to be, not where it has been.”I hav...
Stock Markets and Common Sense.
16 Apr 2026
Contributed by Lukas
Blain’s Morning Porridge April 16th, 2026 – Stock Markets and Common Sense.“There is a knack to learning to fly. It lies in learning to throw yo...
UK Gilts.. Nothing To Worry About
15 Apr 2026
Contributed by Lukas
Blain’s Morning Porridge 15th April 2026 – UK Gilts.. Nothing To Worry About“Spend, Spend, Spend”Damn the torpedoes! Full steam ahead. The re...
What Orban’s end means for Europe and Populism
14 Apr 2026
Contributed by Lukas
Blain’s Morning Porridge April 14th, 2026 – What Orban’s end means for Europe and Populism“All political lives end in failure.”Viktor Orban ...
PORRIDGE EXTRA - The Political Economy of Bat Tunnels (from the Battle For Hamble)
14 Apr 2026
Contributed by Lukas
THE BATTLE FOR HAMBLEI am delighted to announce the launch of a new book – The Battle For Hamble.It’s an in-depth look at the Hamble Gravel Quarr...
What Orban’s end means for Europe and Populism
14 Apr 2026
Contributed by Lukas
Blain’s Morning Porridge April 14th, 2026 – What Orban’s end means for Europe and Populism“All political lives end in failure.”Viktor Orban ...
Trump declares a Global Trade War. Good Grief!
13 Apr 2026
Contributed by Lukas
Blain’s Morning Porridge April 13th, 2026: Trump declares a Global Trade War. Good Grief!“Don’t send your sons to win wars that politicians star...
The End of Exceptionalism
09 Apr 2026
Contributed by Lukas
Blain’s Morning Porridge April 9th, 2026: The End of Exceptionalism“I saw a death-head sticker on a Cadillac.”There is something deeply unstable...
THE BATTLE FOR HAMBLE
08 Apr 2026
Contributed by Lukas
Blain’s Morning Porridge 8th April 2026 – THE BATTLE FOR HAMBLE I am delighted to announce the launch of a new book – The Battle of Ha...
The Big Risk is No Longer Oil – Its Political Credibility.
08 Apr 2026
Contributed by Lukas
Blain’s Morning Porridge April 8th, 2026: The Big Risk is No Longer Oil – Its Political Credibility.“It you attack Persia a mighty empire will f...
Reflections on a morning after the night before….
07 Apr 2026
Contributed by Lukas
Blain’s Morning Porridge, April 7th 2026 – Reflections on a morning after the night before….“You can get along without money, you can lose yo...
Markets set to be roiled by Trump’s Iran Consequences
02 Apr 2026
Contributed by Lukas
Blain’s Morning Porridge, April 2nd, 2026 – Markets set to be roiled by Trump’s Iran Consequences“To go into any war without a Plan B is bad d...
Artemis II, Space X, Data Centres and Competition.
01 Apr 2026
Contributed by Lukas
Blain’s Morning Porridge April 2026 – Artemis II, Space X, Data Centres and Competition.“Space will end up being one of the places that keeps ma...
Escalating the Iran War into a Water War!
31 Mar 2026
Contributed by Lukas
Blain’s Morning Porridge March 31st, 2026 – Escalating the Iran War into a Water War!“I hold at your neck the gom jabbar, the high-handed enemy....
Stage 2 of American Divergence and the Risk of Global Stagflation
30 Mar 2026
Contributed by Lukas
Blain’s Morning Porridge, March 30th, 2026 – Stage 2 of American Divergence and the Risk of Global Stagflation “Events dear boy, events…” ...
The Economic Implications of the Iran War
27 Mar 2026
Contributed by Lukas
Blain’s Morning Porridge, March 27th, 2026 – The Economic Implications of the Iran War“Armchair generals talk about tactics. Soldiers worry abou...
The Truth is Out on Social Media
26 Mar 2026
Contributed by Lukas
Blain’s Morning Porridge March 26th, 2026 – The Truth is Out on Social Media“Do no evil was the biggest lie ever heard in the valley.”Social m...
What Matters? Energy Security and Defence
18 Mar 2026
Contributed by Lukas
Blain’s Morning Porridge 18th March 2026: What Matters? Energy Security and Defence“Sometimes it is necessary to lose a battle to win a war”The...
Market Sentiment will Tumble on Unwinnable Wars
16 Mar 2026
Contributed by Lukas
Blain’s Morning Porridge 16th March 2026 – Market Sentiment will Tumble on Unwinnable Wars“This is not Franklin Delano Roosevelt we’re dealin...
Forget Iran, worry about Climate Whiplash and El Nino.
13 Mar 2026
Contributed by Lukas
Blain’s Morning Porridge Friday 13th March 2026 – Forget Iran, worry about Climate Whiplash and El Nino.“Out of the frying pan into the fire. C...
Winning the Economic War
12 Mar 2026
Contributed by Lukas
Blain’s Morning Porridge March 12th, 2026 - Winning the Economic War“I flew B-52 and bombed them with the blues..”The War in Iran is a kinetic f...
Stalemate in Iran, what’s the next risk?
10 Mar 2026
Contributed by Lukas
Blain’s Morning Porridge 10th March 2026 – Stalemate in Iran, what’s the next risk? “They make a desert and call it peace.”Pretty much as ...
What’s the plan? Keep bombing? What?
09 Mar 2026
Contributed by Lukas
Blain’s Morning Porridge March 9th, 2026 – What’s the plan? Keep bombing? What?“I love the smell of napalm in the morning…. smells like vict...
AI, Politics and Populism, Luddites and Social Revolution
02 Mar 2026
Contributed by Lukas
Blain’s Morning Porridge 1st March 2026 – AI, Politics and Populism, Luddites and Social Revolution“You say you want a revolution, well, you kn...
What is the US Yield Curve Really Telling Us?
25 Feb 2026
Contributed by Lukas
Blain’s Morning Porridge Fed 25th, 2026: What is the US Yield Curve Really Telling Us?“When there is a lack of honour in government, the morals of...
Iran could be the flashpoint for market dislocation
24 Feb 2026
Contributed by Lukas
Blain’s Morning Porridge Feb 24th, 2026: Iran could be the flashpoint for market dislocation“Do not defy the fates and bring shame on Rome.”Mark...
Private Credit and Treasury Wobbles... Relax….
23 Feb 2026
Contributed by Lukas
Blain’s Morning Porridge Feb 23rd, 2026 – Private Credit and Treasury Wobbles... Relax….“Apart from that Mrs Lincoln, did you enjoy the show?”...
Corruption and Justice – Action Required.
20 Feb 2026
Contributed by Lukas
Blain’s Morning Porridge, Jan 20th, 2026: Corruption and Justice – Action Required.“America may be blind, but the world will see who is involved...
Tariffs hoist Trump on his own Petard
19 Feb 2026
Contributed by Lukas
Blain’s Morning Porridge Feb 19th, 2026 – Tariffs hoist Trump on his own Petard“And I would have gotten away with it, if it wasn’t for these p...
Defence Spending, Resilience and Growth
18 Feb 2026
Contributed by Lukas
Blain’s Morning Porridge Feb 18th, 2026 – Defence Spending, Resilience and Growth“To save the village it was necessary to destroy it.”The Russ...
Munich, AI and The Year of the Fire Horse.
17 Feb 2026
Contributed by Lukas
Blain’s Morning Porridge Feb 17th, 2026: Munich, AI and The Year of the Fire Horse.“We must build our hard power, for that is the currency of the ...
Munich, AI and The Year of the Fire Horse.
17 Feb 2026
Contributed by Lukas
Blain’s Morning Porridge Feb 17th, 2026: Munich, AI and The Year of the Fire Horse.“We must build our hard power, for that is the currency of the ...
Sliding, Jambos and Rugby, Sports that matter
16 Feb 2026
Contributed by Lukas
Blain’s Very Late Morning Porridge Feb 16th 2026 – Sliding, Jambos and Rugby, Sports that matter“He’s kicked that one so high it’s come dow...
The Munich Security Conference and Global Threats
11 Feb 2026
Contributed by Lukas
Blain’s Morning Porridge Feb 11th, 2026 – The Munich Conference and Global Threats “What do you worry about?” … “Events, dear boy, events...
Bond Market Alarm Bells Sounding
10 Feb 2026
Contributed by Lukas
Blain’s Morning Porridge Feb 10th, 2026 – Bond Market Alarm Bells Sounding“Feche le vache..”Did someone say Century Bond? What’s not to like...
The Conflabulation that is Bitcoin finally dies in a pool of disinterest.
09 Feb 2026
Contributed by Lukas
Blain’s Morning Porridge Part 2 Feb 9th, 2026 – The Conflabulation that is Bitcoin finally dies in a pool of disinterest.“Rat Poison Squared”W...
Fire Horses, UK Bond Risk, Conflict Risk, and Emperor’s New Clothes Risk!
09 Feb 2026
Contributed by Lukas
Blain’s Morning Porridge, Part 1 Feb 9th, 2026 – Fire Horses, UK Bond Risk, Conflict Risk, and Emperor’s New Clothes Risk!“Knuckles to Buckles...
Navigating the stormy seas of Tech
05 Feb 2026
Contributed by Lukas
Blain’s Morning Porridge Feb 5th, 2026 – Navigating the stormy seas of Tech“The worst thing you can do is nothing.”Where are the Tech markets ...
Is Epstein just the tip of the Iceberg?
04 Feb 2026
Contributed by Lukas
Blain’s Morning Porridge Feb 4th, 2026 – Is Epstein just the tip of the Iceberg?“Chaos is a smokescreen for corruption.”We will likely never k...
We have to talk about Kevin…
03 Feb 2026
Contributed by Lukas
Blain’s Morning Porridge Feb 3, 2026 – We have to talk about Kevin… “I would say [Fed Policy] has been in some sense Reverse Robin Hood.”The...
Skating on very thin ice…
02 Feb 2026
Contributed by Lukas
Blain’s Morning Porridge Feb 2, 2026 – Skating on very thin ice… Let’s paint the town, we’ll shut it down…. Just how thick is the ice? Eve...
It’s not about Trump, it’s about China and Europe
27 Jan 2026
Contributed by Lukas
Blain’s Morning Porridge Jan 26th, 2026 – It’s not about Trump, it’s about China and Europe“Europe loves to talk about the future but does n...
What A Disaster – That Was The End Of The American Century
22 Jan 2026
Contributed by Lukas
Blain’s Morning Porridge, 22nd January 2026: What A Disaster – That Was The End Of The American Century“If you are not at table, you are on the ...
Beware the Judder Moment in Bonds
21 Jan 2026
Contributed by Lukas
Blain’s Morning Porridge January 21st, 2026 – Beware the Judder Moment in Bonds“A pebble falling down a mountain in Japan may trigger momentous ...
One Year of Trump – The World Has Changed For The Worse
20 Jan 2026
Contributed by Lukas
Blain’s Morning Porridge 20th January 2026: One Year of Trump – The World Has Changed For The Worse“We didn’t force them. They gave us a mand...
One Year of Trump - The World Has Changed For The Worse
20 Jan 2026
Contributed by Lukas
Blain’s Morning Porridge 20th January 2026: One Year of Trump - The World Has Changed For The Worse“We didn’t force them. They gave us a mandate...
And now for something completely different
19 Jan 2026
Contributed by Lukas
Blain’s Morning Porridge January 19th, 2026 - Andnow for something completely different“Your actions will lead to the fall of a great empire”(so...
Great Moments in British Political Theatre
16 Jan 2026
Contributed by Lukas
Blain’s Morning Porridge 16th January 2026: Great Moments in British Political Theatre “I love Europe! France is wonderful. It should be. We’ve ...
The End of the Age of American Capital?
15 Jan 2026
Contributed by Lukas
Blain’s Morning Porridge 15th January 2026: The End of the Age of American Capital?“People don’t like change, but make the change fast enough an...
SpaceX, IPOs and Other Pipedreams
14 Jan 2026
Contributed by Lukas
Blain’s Morning Porridge 14th Jan 2026: SpaceX, IPOs and Other Pipedreams“If something is important enough, you should try even ifthe probable out...
Rolling the Dice on the Fed And Inflation
12 Jan 2026
Contributed by Lukas
Blain’s Morning Porridge January 12th 2026:Rolling the Dice on the Fed And Inflation“Luck, if you’ve ever been a lady to begin with, Luck bea La...
The Risks of Cascading Sugar Rush Policy
09 Jan 2026
Contributed by Lukas
Blain’s Morning Porridge, Jan 9th, 2026 - The Risks of Cascading Sugar Rush Policy “When sorrows come, they come not single spies but in mighty b...
Geopolitics, Markets and Economics – Are They Still Connected?
07 Jan 2026
Contributed by Lukas
Blain’s Morning Porridge Jan 7th, 2026: Geopolitics, Markets and Economics – Are They Still Connected?“The barometer read “Fair” yesterday, ...
Venezuela Bonds – are you a buyer or seller?
06 Jan 2026
Contributed by Lukas
Blain’s Morning Porridge Jan 6th 2026: Venezuela Bonds – are you a buyer or seller? “A land of passion and contradictions, where the past and ...
Venezuela Bonds – are you a buyer or seller?
06 Jan 2026
Contributed by Lukas
Blain’s Morning Porridge Jan 6th 2026: Venezuela Bonds – are you a buyer or seller? “A land of passion and contradictions, where the past and ...
Another Judder in Geopolitics.
05 Jan 2026
Contributed by Lukas
Blain’s Morning Porridge, January 5th 2026 – Another Judder in Geopolitics. “When America brings its full capabilities to bear, no tyrant is b...
Another Judder Moment in Geopolitics
05 Jan 2026
Contributed by Lukas
Blain’s Morning Porridge, January 5th 2026 – Another Judder in Geopolitics. “When America brings its full capabilities to bear, no tyrant is b...
Destabilisation and Peak Exuberance
19 Dec 2025
Contributed by Lukas
Blain’s Morning Porridge 19th Dec 2025 – Destabilisation and Peak Exuberance “There are more things in Heaven and Earth, Horatio, than are drea...
Bitcoin and Crypto Further Detach from Reality.
17 Dec 2025
Contributed by Lukas
Blain’s Morning Porridge 17th December 2025 – Bitcoin and Crypto Further Detach from Reality.“If you don’t believe it, I’m not going to wast...
The New Economics and Investibility of Defence
16 Dec 2025
Contributed by Lukas
Blain’s Morning Porridge 16th December, 2025: The New Economics and Investibility of Defence“The war was started by career soldiers, but will be f...
Some Big themes for 2026?
15 Dec 2025
Contributed by Lukas
Blain’s Morning Porridge Dec 15th 2025: Some Big themes for 2026?“Santa Baby, one thing I forgot, a yacht and the deeds to a platinum mine…”T...
Outlook 2026: Conflict or Trade?
12 Dec 2025
Contributed by Lukas
Blain’s Morning Porridge Dec 12th, 2025 – Outlook 2026: Conflict or Trade?“The earth is littered with the ruins of empires that once believed th...
The US economy, Potemkin Markets and QE
11 Dec 2025
Contributed by Lukas
Blain’s Morning Porridge Dec 11th, 2025 – The US economy, Potemkin Markets and QE“The IQ of a mob is the IQ of the dumbest member divided by the...
What does new US Security Strategy mean for Markets and Outlook?
09 Dec 2025
Contributed by Lukas
Blain’s Morning Porridge Dec 9th, 2025 – What does new US Security Strategy mean for Markets and Outlook?“For he on honey-dew hath fed, and drun...
Markets, The Global Economy and the ‘26 US Midterms.
08 Dec 2025
Contributed by Lukas
Blain’s Morning Porridge Dec 8th, 2025 – Markets, TheGlobal Economy and the ‘26 US Midterms. “It’s all about the economy, stupid…”This...
Hans-Jeorge Rudloff could teach us much about markets…
04 Dec 2025
Contributed by Lukas
Blain’s Morning Porridge Dec 4th, 2025 – Hans-Jeorge Rudloff could teach us much about markets… “When the Eurobond market exploded, it made Lo...
Pantomime, King Rat, and Outrageous Predictions
03 Dec 2025
Contributed by Lukas
Blain’s Morning Porridge Dec 3rd, 2025 – Pantomime, King Rat, and Outrageous Predictions "It’s behind you, oh no it isn’t!” What’s ...
AI isn’t a bubble, it’s Tech evolution evolving
02 Dec 2025
Contributed by Lukas
Blain’s Morning Porridge Dec 2nd 2025 – AI isn’t a bubble, it’s Tech evolution evolving “The new, new thing will always be superseded by th...
AI isn’t a bubble, it’s Tech evolution evolving
02 Dec 2025
Contributed by Lukas
Blain’s Morning Porridge Dec 2nd 2025 – AI isn’t a bubble, it’s Tech evolution evolving “The new, new thing will always be superseded by th...
Gilts indicate Stability – what is generating the noise?
01 Dec 2025
Contributed by Lukas
Blain’s Morning Porridge – December 1st, 2025: Gilts indicate Stability – what is generating the noise? There are lies, damned lies, statistics...
Bond Markets, Inflation and Economic Dementia
27 Nov 2025
Contributed by Lukas
Blain’s Morning Porridge Nov 27th 2025 – Bond Markets, Inflation and Economic Dementia “I find it fascinating the chainsaw has become an emblem...
Blain’s Morning Porridge 25th Nov 2025 – Markets dancing hard ahead of the hangover
25 Nov 2025
Contributed by Lukas
Markets dancing hard ahead of the hangover“Beware markets full of absolute fabrications presented as irrefutable truths.”Markets drunk on expectat...
Blain’s Morning Porridge Nov, 24th 2025 – The end of the American Age – what will follow?
24 Nov 2025
Contributed by Lukas
The end of the American Age – what will follow? “Let me die in the uniform in which I fought my battles for freedom, may God forgive me for putti...
Blain’s Morning Porridge Nov 20th, 2025 – If it’s not AI, will it be Private Capital Markets that trigger crisis?
20 Nov 2025
Contributed by Lukas
If it’s not AI, will it be Private Capital Markets that trigger crisis?“Private Capital Markets thrive because other markets arerun by compliance ...
Blain’s Morning Porridge Nov 19th, 2025 – Scotland, Kilts and Fitba’, has the world gone mad?
19 Nov 2025
Contributed by Lukas
Scotland, Kilts and Fitba’, has the world gone mad?“We’re on the march wi’ Ally’s Army… we’ll really shakeem up when we win the World Cu...
Blain’s Morning Porridge Nov 18th, 2025 – AI is dead! Long Live AI!
18 Nov 2025
Contributed by Lukas
“It’s the end of the world all over again…” Headlines about a deepening stock sell off, the rising fear” gauge, and unsustainable valuation...
Blain’s Morning Porridge Nov 17th 2025 – The Political Weaponisation of Gilts
17 Nov 2025
Contributed by Lukas
In bonds there is truth – at least there was until politicalcampaigners realised what a powerful tool they might be to amplify political failure. De...