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 yourself at the ground and miss.”Stock markets are on a buzz. Central banks are expected to ease immediately. Joy unlimited. What war? Peace in the Middle East! Really? There are none so blind as salesmen wanting to talk a market higher.Blain’s Market Mantra No 1 states; “The market has but one objective: to inflict the maximum amount of pain on the maximum number of participants.”Global stocks are at an all-time high, sniffing the nitrous oxide of an Iran peace deal around the corner. Donald Trump is tweeting about his great relationship with China. Tech stocks are off to the races. The American aircraft carrier, the USS George H.W. Bush, is taking the scenic route round Africa to the Gulf - the most powerful navy on the planet doesn’t fancy messing with the Houthis in the Red Sea.You can read the Morning Porridge by subscribing on ⁠www.morningporridge.com⁠, and have it delivered fresh to your inbox every morning!

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“What did the council decide on item 42?” — answered with the speaker and the moment.

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