Do I need the roller coaster of emotions of cryptocurrencies

Currently, it feels like the Hans Christian Andersen’s children's story of ‘The Emperor’s New Clothes’ as we see the ongoing contradiction between equity markets trading within 10% of their highs - yet debt markets have yields approaching 15-year highs. Undoubtedly, time will tell who is right….

The VIX/ fear index - not much fear around currently?

Source: CBOE

The VIX Index, which is a measure of equity market fear and uncertainty remains very low whereby indicating equity investors (at least in the US) are not concerned - yet….. One thing is certain though - inflation has not been beaten, fuelled by central bankers flooding economies with mountains of cash. As Al Jazeera reports: “The majority of low-income developing countries are today either already in or near debt distress. Meanwhile, the world’s two large economies, the US and China, are expected to see a jump in their public debt at higher levels than before the pandemic." No surprise that, in China, youth unemployment for the 16…