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Blain's Morning Porridge

Business

Episodes

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...

Blain’s Morning Porridge 14th Nov 2025 – How low will Bitcoin go this time?

14 Nov 2025

Contributed by Lukas

How low will Bitcoin go this time?“Trading is playing market sentiment. Investment is aboutpredicting the future.”Bitcoin believers are perfectly ...

Blain’s Morning Porridge Nov 13th 2026 – British Gas and Land Rover are why Britain is Broken.

13 Nov 2025

Contributed by Lukas

Blain’s Morning Porridge Nov 13th 2026 – British Gas and Land Rover are why Britain is Broken.“People will forget what you said and what you did...

Blain’s Morning Porridge Nov 12th 2025 - BBC Crisis is a Disaster for the UK

12 Nov 2025

Contributed by Lukas

Blain’s Morning Porridge Nov 12th 2025 - BBCCrisis is a Disaster for the UK“I would die in a ditch for the impartiality of the BBC.”The BBC is/w...

Blain’s Morning Porridge 11th Nov 2025 – Spitfire Strategic Capital, Tomorrow depends on Today.

11 Nov 2025

Contributed by Lukas

Spitfire Strategic Capital, Tomorrow depends on Today.“… bugles calling for them from sad shires.” The supreme art of war is to subdue the enem...

Blain’s Morning Porridge 10th Nov 2025 – Markets struggle with AI, Bonds and Tweets.

10 Nov 2025

Contributed by Lukas

Markets struggle with AI, Bonds and Tweets.  “You need me to lie to old people and scare them intobuying fake medicine? I get it.”There is nothin...

Blain’s Morning Porridge Nov 7th 2025: AI – Noise, Signal, Brace.

07 Nov 2025

Contributed by Lukas

Blain’s Morning Porridge Nov 7th 2025: AI – Noise, Signal, Brace.  “Unprecedented market shocks occur with monotonous regularity.” Is the AI...

Blain’s Morning Porridge November 5th 2025 – Rachel Reeves Tells it Like It Is?

05 Nov 2025

Contributed by Lukas

Blain’s Morning Porridge November 5th 2025 – Rachel Reeves Tells it Like It Is?“Controversial means “this will lose you votes.” Courageous m...

Blain’s Morning Porridge Nov 3rd 2025 – Survived October? Back to full on Complacency…

03 Nov 2025

Contributed by Lukas

Survived October? Back to full on Complacency… “The real work is like rugby. Everything is connected. Everyplay has consequences.” Yet again I w...

Blain’s Morning Porridge Halloween 2025 – A Horror Story from 2035.

31 Oct 2025

Contributed by Lukas

A Horror Story from 2035. “The smug mask of virtue triumphant can be almost as horrible as the face of wickedness revealed.” What will the futur...

Blain’s Morning Porridge Oct 30th 2025 – What did the Korea Summit really mean for markets?

30 Oct 2025

Contributed by Lukas

“Come not between the dragon and his wrath” This morning’s meeting in Busan, Korea was short and sweet. Goal achieved - the global meltdown that...

Blain’s Morning Porridge Oct 29th 2025 – How much will AI cost, and how much can we afford?

29 Oct 2025

Contributed by Lukas

How much will AI cost, and how much can we afford? “The greatest trick the devil ever pulled was convincingthe world he didn’t exist..” The AI...

Blain’s Morning Porridge 28th October 2028 – Compare and contrast the Real World with Dreams

28 Oct 2025

Contributed by Lukas

Compare and contrast the Real World with Dreams “And you have burned so very, very brightly…”Gold has taken a bit of a tumble – but is thecor...

Blain’s Morning Porridge Oct 27th 2025 – End of the world or another Trump deal? Which is worse?

27 Oct 2025

Contributed by Lukas

"So, it’s a f*****g coin toss? That is what we get for 50billion dollars?” It is possible to cram Cataclysm, Armageddon and Apocalypseinto a...

Blain’s Morning Porridge October 24th 2025 – Call it Chaos, but we sure do live in interesting times..

24 Oct 2025

Contributed by Lukas

Call it Chaos, but we sure do live in interesting times..“You know nothing John Snow…”Chaos occurs when events break out their usual bounds, and...

Blain’s Morning Porridge Oct 22nd 2025 – As long as there is instability and uncertainty there will be the Yellow Metal

22 Oct 2025

Contributed by Lukas

Blain’s Morning Porridge Oct 22nd 2025 – As long as there is instability and uncertainty there will be the Yellow Metal“Let every nation know, ...

Blain’s Morning Porridge Oct 21st 2025: Time for a rethink on Tech Resiliency?

22 Oct 2025

Contributed by Lukas

Blain’s Morning Porridge Oct 21st 2025: Time for a rethink on Tech Resiliency?“Did someone forget to feed the hamster?”Western economies are de...

Blain’s Morning Porridge Oct 20th 2025 – Mutant Credit Cockroaches? Whatever next?

22 Oct 2025

Contributed by Lukas

Mutant Credit Cockroaches? Whatever next?“Smart men go broke three ways: ladies, liquor and leverage.”Markets feel increasingly nervous. Although ...

Blain’s Morning Porridge Oct 17th 2025 – Hamble Quarry Decision Highlights Corporate Greed and Planning Failure

17 Oct 2025

Contributed by Lukas

Every day we are reminded of injustice in the UK – the fight of postmasters against the Post Office, or haemophiliacs against the medical indifferen...

Catflap While The Dance Band on the Titanic Plays On

15 Oct 2025

Contributed by Lukas

Blain’s Morning Porridge Oct 15 2025 – Catflap While The Dance Band on the Titanic Plays On“ Damn the Torpedoes, full steam…. Boom. gurgle gu...