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Satchu's Rich Wrap-Up
Friday 12th of July 2019

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Macro Thoughts

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24-JUN-2019 :: Wizard of Oz World

Eventually, it is revealed that Oz is actually none of these things,
but rather an ordinary conman from Omaha, Nebraska, who has been using
elaborate magic tricks and props to make himself seem great and
Last week we witnessed some Wizard of Oz level moves in the markets.

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Singapore GDP print @DavidInglesTV

An unexpected contraction in Singapore economy sent a warning shot to
the world economy as simmering trade tensions wilt business confidence
and activity. Gross domestic product in the export-reliant city state
shrank an annualized 3.4% in the second quarter from the previous
three months, the biggest decline since 2012. That was worse than the
0.5% expansion forecas in a Bloomberg survey of economists and
followed growth of 3.8% in the first quarter.

Home Thoughts

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Love is a fire that burns unseen - Poem by Luouis de Camoes

Love is a fire that burns unseen,
a wound that aches yet isn't felt,
an always discontent contentment,
a pain that rages without hurting,

a longing for nothing but to long,
a loneliness in the midst of people,
a never feeling pleased when pleased,
a passion that gains when lost in thought.

It's being enslaved of your own free will;
it's counting your defeat a victory;
it's staying loyal to your killer.

But if it's so self-contradictory,
how can Love, when Love chooses,
bring human hearts into sympathy?

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For all the perfumes of Arabia will not sweeten his reputation if The Leaker gets his hands on the diplomatic bag from Riyadh.
Law & Politics

I don't presume to guess what Collis says about this very dangerous
man. But he must surely have told his masters that the Crown Prince of
Saudi Arabia is at the very least

Emerging Markets

Frontier Markets

Sub Saharan Africa

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by Aly Khan Satchu (www.rich.co.ke)
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July 2019

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