LSEG Lipper: European fund flow report - January 2024

Oh, wait a minute!

'What?'

I've got to rearrange this PR email, Voice. They've put Detlef with his comments first for some reason.

'Ha, ha, ha! Is that Nsikan again, boss? He really is going to get the sack.'

No, no, it's, uh ... Hayley.

'Hayley?!'

Yeah.

Never mind.

Anyway ...

Key findings:

The promoters of mutual funds (+€22.5 bn) and ETFs (+€21.0 bn) enjoyed estimated net inflows for the month.

Long-term products (+€15.3 bn) enjoyed inflows for the month.

Bond products (+€29.7 bn) was the best-selling asset type for January 2024.

Money Market USD (+€11.2 bn) was the best-selling Lipper Classification for January 2024.

BlackRock was the best-selling fund promoter in Europe for January (+€7.3bn)

Okay. That's the key findings.

This is Detlef -

Detlef Glow, Head of Lipper EMEA Research at LSEG comments: "This month was somewhat business as usual. However, it is still surprising that European investors prefer bond funds over money market products, given the inverted yield curves in the major economies around the globe.

"In addition, it is noteworthy that one of the major trends from 2023 (active managed U.S. equity funds faced outflows, while ETFs enjoyed inflows) continued in January 2024."

Thanks, Detlef.

'Don't be too hard on Hayley, Detlef.'

Yeah, it was only a mistake.

Best,

Hayley

All right, Hayley.

ENDS

ENDS

ENDS

'Boss.'

What?

'What about the report?'

You mean the PDF?

'Yeah.'

You mean you want to see what a mess Lucky has made of it, or is making off it as we speak - I mean, he's in that PDF attachment now, isn't he?

'Doing God knows what.'

Yes, doing God knows what. And you want to witness it?

'Just a quick peek.'

Uh.

Come on, Lucky.

he European fund industry enjoyed healthy inflows over the course of January 2024 these inflows occurred in a further             unstable market            environment since the geopolitical tensions in middle                          east especially the red                     sea increased over                               the course of the month                 and impacts from prolonged -

No, we've had all this already in other reports.

'It's repetition, boss!'

But not as we know it, Voice.

Oh, repetition. Lucky doesn't know how to get a-ROUND. He can't spin. He hasn't got the brains for it.

'It takes real brains!'

Of course it does.

ENDS

ENDS

ENDS

guys -

No, Lucky! Enough! Go away!

Has he gone, Voice?

'Yeah, he's gone.'

Good.

ENDS

ENDS

ENDS

Laters, kooks!

'Bye!'

fund flows by lipper                   global classifications    January       2024 given the unstable                   economic                       outlooks and the inverted!                             yield curves it was not!                          surprising that money!                                          Markey USD                     +€11 2 bn               dominated the table!                              of the 10                  best                 selling peer!               groups by estimated net                   flows for                          January it was!               followed by money!                                      market EUR              +€10  6 bn           bond global               USD      +€6   2 bn       equity global     +€6               0 bn and bond!                 Eur corporates!                         +€4              3 bn graph 4                       ten best                           and worst!                selling lipper

[No. 1,178]

And ha ha ha[1], and I can live in a broken house or I can live in a brand new tent oh who cares when you got poetry[1], and ha ha ha[2], and uh uh[1], and I can live in a broken house or I can live in a brand new tent oh who cares when you got poetry[2], and this aint poetry so ooo ooo ooo obviously[1], and uh uh[2], and Christ I mean[1], and this aint poetry so ooo ooo ooo obviously[2], and this is just brain crumbles of words from the great cosmic brain of the cosmos given to me yes[1], and Christ I mean[2], and uh ha[1], and this is just brain crumbles of words from the great cosmic brain of the cosmos given to me yes[2], and me brain crumbles too oh with the strain of it all you understand[1], and uh ha[2], and you understand I know[1], and me brain crumbles too oh with the strain of it all you understand[2], and do you man I take me hat off seriously[1], and you understand I know[2], and Im falling falling aRound or whatever and Im convinced it dont matter no more no no no[1], and do you man I take me hat off seriously[2], and dizzy dizzy shakes[1], and Im falling falling aRound or whatever and Im convinced it dont matter no more no no no[2], and or maybe yes yes yes like I care[1], and dizzy dizzy shakes[2], and spinning spinning dizzy so down off the cliff to the sea in my mind where dolphins are waiting[1], and or maybe yes yes yes like I care[2], and actually wanting yes wanting they are to catch me[1], and spinning spinning dizzy so down off the cliff to the sea in my mind where dolphins are waiting[2], and I hope I think[1], and actually wanting yes wanting they are to catch me[2], and if I could make sense my kooks in this moment you know I dont think I would Im just so beyond it[1], and I hope I think[2], and you know you[1], and if I could make sense my kooks in this moment you know I dont think I would Im just so beyond it[2], and gone gone gone[1], and you know you[2], and I will crawl in sand with hot summer sun on my head and words words words will come I know it[1], and gone gone gone[2], and I just gotta be patient[1], and I will crawl in sand with hot summer sun on my head and words words words will come I know it[2], and anyone who looks at me the wrong way wont even see me the real me and yeah Ill be laughing[1], and I just gotta be patient[2], and a bit like this ha ha ha okay[1], and anyone who looks at me the wrong way wont even see me the real me and yeah Ill be laughing[2], and then visions[1], and a bit like this ha ha ha okay[2], and in the sea the sea I will see[1], and then visions[2], and listen if I have to choose drunken boat or dolphin munching on mackerel well you know[1], and in the sea the sea I will see[2], and it wont be easy choosing[1], and listen if I have to choose drunken boat or dolphin munching on mackerel well you know[2], and ... 'Dolphin, Mikey!'[1], and it wont be easy choosing[2], and yes yes dolphin I suppose Voice that will be best[1], and ... 'Dolphin, Mikey!'[2], and anyway[1], and yes yes dolphin I suppose Voice that will be best[2], and where was I and where am I aRound and aRound and aRound[1], and anyway[2], and here oh here[1], and where was I and where am I aRound and aRound and aRound[2], and never mind eh[1], and here oh here[2], and do yous[1], and never mind eh[2], and ha ha ha[3], and do yous[2], and I can live in a broken house or I can live in a brand new tent oh who cares when you got poetry[3], and uh uh[3], and this aint poetry so ooo ooo ooo obviously[3], and Christ I mean[3], and this is just brain crumbles of words from the great cosmic brain of the cosmos given to me yes[3], and uh ha[3], and me brain crumbles too oh with the strain of it all you understand[3], and you understand I know[3], and do you man I take me hat off seriously[3], and Im falling falling aRound or whatever and Im convinced it dont matter no more no no no[3], and dizzy dizzy shakes[3], and or maybe yes yes yes like I care[3], and spinning spinning dizzy so down off the cliff to the sea in my mind where dolphins are waiting[3], and actually wanting yes wanting they are to catch me[3], and I hope I think[3], and if I could make sense my kooks in this moment you know I dont think I would Im just so beyond it[3], and you know you[3], and gone gone gone[3], and I will crawl in sand with hot summer sun on my head and words words words will come I know it[3], and I just gotta be patient[3], and anyone who looks at me the wrong way wont even see me the real me and yeah Ill be laughing[3], and a bit like this ha ha ha okay[3], and then visions[3], and in the sea the sea I will see[3], and listen if I have to choose drunken boat or dolphin munching on mackerel well you know[3], and it wont be easy choosing[3], and ... 'Dolphin, Mikey!'[3], and yes yes dolphin I suppose Voice that will be best[3], and anyway[3], and where was I and where am I aRound and aRound and aRound[3], and here oh here[3], and never mind eh[3], and do yous[3], and

And ha ha ha[1], and I can live in a broken house or I can live in a brand new tent oh who cares when you got poetry[1], and ha ha ha[2], and uh uh[1], and I can live in a broken house or I can live in a brand new tent oh who cares when you got poetry[2], and this aint poetry so ooo ooo ooo obviously[1], and uh uh[2], and Christ I mean[1], and this aint poetry so ooo ooo ooo obviously[2], and this is just brain crumbles of words from the great cosmic brain of the cosmos given to me yes[1], and Christ I mean[2], and uh ha[1], and this is just brain crumbles of words from the great cosmic brain of the cosmos given to me yes[2], and me brain crumbles too oh with the strain of it all you understand[1], and uh ha[2], and you understand I know[1], and me brain crumbles too oh with the strain of it all you understand[2], and do you man I take me hat off seriously[1], and you understand I know[2], and Im falling falling aRound or whatever and Im convinced it dont matter no more no no no[1], and do you man I take me hat off seriously[2], and dizzy dizzy shakes[1], and Im falling falling aRound or whatever and Im convinced it dont matter no more no no no[2], and or maybe yes yes yes like I care[1], and dizzy dizzy shakes[2], and spinning spinning dizzy so down off the cliff to the sea in my mind where dolphins are waiting[1], and or maybe yes yes yes like I care[2], and actually wanting yes wanting they are to catch me[1], and spinning spinning dizzy so down off the cliff to the sea in my mind where dolphins are waiting[2], and I hope I think[1], and actually wanting yes wanting they are to catch me[2], and if I could make sense my kooks in this moment you know I dont think I would Im just so beyond it[1], and I hope I think[2], and you know you[1], and if I could make sense my kooks in this moment you know I dont think I would Im just so beyond it[2], and gone gone gone[1], and you know you[2], and I will crawl in sand with hot summer sun on my head and words words words will come I know it[1], and gone gone gone[2], and I just gotta be patient[1], and I will crawl in sand with hot summer sun on my head and words words words will come I know it[2], and anyone who looks at me the wrong way wont even see me the real me and yeah Ill be laughing[1], and I just gotta be patient[2], and a bit like this ha ha ha okay[1], and anyone who looks at me the wrong way wont even see me the real me and yeah Ill be laughing[2], and then visions[1], and a bit like this ha ha ha okay[2], and in the sea the sea I will see[1], and then visions[2], and listen if I have to choose drunken boat or dolphin munching on mackerel well you know[1], and in the sea the sea I will see[2], and it wont be easy choosing[1], and listen if I have to choose drunken boat or dolphin munching on mackerel well you know[2], and ... 'Dolphin, Mikey!'[1], and it wont be easy choosing[2], and yes yes dolphin I suppose Voice that will be best[1], and ... 'Dolphin, Mikey!'[2], and anyway[1], and yes yes dolphin I suppose Voice that will be best[2], and where was I and where am I aRound and aRound and aRound[1], and anyway[2], and here oh here[1], and where was I and where am I aRound and aRound and aRound[2], and never mind eh[1], and here oh here[2], and do yous[1], and never mind eh[2], and ha ha ha[3], and do yous[2], and I can live in a broken house or I can live in a brand new tent oh who cares when you got poetry[3], and uh uh[3], and this aint poetry so ooo ooo ooo obviously[3], and Christ I mean[3], and this is just brain crumbles of words from the great cosmic brain of the cosmos given to me yes[3], and uh ha[3], and me brain crumbles too oh with the strain of it all you understand[3], and you understand I know[3], and do you man I take me hat off seriously[3], and Im falling falling aRound or whatever and Im convinced it dont matter no more no no no[3], and dizzy dizzy shakes[3], and or maybe yes yes yes like I care[3], and spinning spinning dizzy so down off the cliff to the sea in my mind where dolphins are waiting[3], and actually wanting yes wanting they are to catch me[3], and I hope I think[3], and if I could make sense my kooks in this moment you know I dont think I would Im just so beyond it[3], and you know you[3], and gone gone gone[3], and I will crawl in sand with hot summer sun on my head and words words words will come I know it[3], and I just gotta be patient[3], and anyone who looks at me the wrong way wont even see me the real me and yeah Ill be laughing[3], and a bit like this ha ha ha okay[3], and then visions[3], and in the sea the sea I will see[3], and listen if I have to choose drunken boat or dolphin munching on mackerel well you know[3], and it wont be easy choosing[3], and ... 'Dolphin, Mikey!'[3], and yes yes dolphin I suppose Voice that will be best[3], and anyway[3], and where was I and where am I aRound and aRound and aRound[3], and here oh here[3], and never mind eh[3], and do yous[3], and

And ha ha ha[1], and I can live in a broken house or I can live in a brand new tent oh who cares when you got poetry[1], and ha ha ha[2], and uh uh[1], and I can live in a broken house or I can live in a brand new tent oh who cares when you got poetry[2], and this aint poetry so ooo ooo ooo obviously[1], and uh uh[2], and Christ I mean[1], and this aint poetry so ooo ooo ooo obviously[2], and this is just brain crumbles of words from the great cosmic brain of the cosmos given to me yes[1], and Christ I mean[2], and uh ha[1], and this is just brain crumbles of words from the great cosmic brain of the cosmos given to me yes[2], and me brain crumbles too oh with the strain of it all you understand[1], and uh ha[2], and you understand I know[1], and me brain crumbles too oh with the strain of it all you understand[2], and do you man I take me hat off seriously[1], and you understand I know[2], and Im falling falling aRound or whatever and Im convinced it dont matter no more no no no[1], and do you man I take me hat off seriously[2], and dizzy dizzy shakes[1], and Im falling falling aRound or whatever and Im convinced it dont matter no more no no no[2], and or maybe yes yes yes like I care[1], and dizzy dizzy shakes[2], and spinning spinning dizzy so down off the cliff to the sea in my mind where dolphins are waiting[1], and or maybe yes yes yes like I care[2], and actually wanting yes wanting they are to catch me[1], and spinning spinning dizzy so down off the cliff to the sea in my mind where dolphins are waiting[2], and I hope I think[1], and actually wanting yes wanting they are to catch me[2], and if I could make sense my kooks in this moment you know I dont think I would Im just so beyond it[1], and I hope I think[2], and you know you[1], and if I could make sense my kooks in this moment you know I dont think I would Im just so beyond it[2], and gone gone gone[1], and you know you[2], and I will crawl in sand with hot summer sun on my head and words words words will come I know it[1], and gone gone gone[2], and I just gotta be patient[1], and I will crawl in sand with hot summer sun on my head and words words words will come I know it[2], and anyone who looks at me the wrong way wont even see me the real me and yeah Ill be laughing[1], and I just gotta be patient[2], and a bit like this ha ha ha okay[1], and anyone who looks at me the wrong way wont even see me the real me and yeah Ill be laughing[2], and then visions[1], and a bit like this ha ha ha okay[2], and in the sea the sea I will see[1], and then visions[2], and listen if I have to choose drunken boat or dolphin munching on mackerel well you know[1], and in the sea the sea I will see[2], and it wont be easy choosing[1], and listen if I have to choose drunken boat or dolphin munching on mackerel well you know[2], and ... 'Dolphin, Mikey!'[1], and it wont be easy choosing[2], and yes yes dolphin I suppose Voice that will be best[1], and ... 'Dolphin, Mikey!'[2], and anyway[1], and yes yes dolphin I suppose Voice that will be best[2], and where was I and where am I aRound and aRound and aRound[1], and anyway[2], and here oh here[1], and where was I and where am I aRound and aRound and aRound[2], and never mind eh[1], and here oh here[2], and do yous[1], and never mind eh[2], and ha ha ha[3], and do yous[2], and I can live in a broken house or I can live in a brand new tent oh who cares when you got poetry[3], and uh uh[3], and this aint poetry so ooo ooo ooo obviously[3], and Christ I mean[3], and this is just brain crumbles of words from the great cosmic brain of the cosmos given to me yes[3], and uh ha[3], and me brain crumbles too oh with the strain of it all you understand[3], and you understand I know[3], and do you man I take me hat off seriously[3], and Im falling falling aRound or whatever and Im convinced it dont matter no more no no no[3], and dizzy dizzy shakes[3], and or maybe yes yes yes like I care[3], and spinning spinning dizzy so down off the cliff to the sea in my mind where dolphins are waiting[3], and actually wanting yes wanting they are to catch me[3], and I hope I think[3], and if I could make sense my kooks in this moment you know I dont think I would Im just so beyond it[3], and you know you[3], and gone gone gone[3], and I will crawl in sand with hot summer sun on my head and words words words will come I know it[3], and I just gotta be patient[3], and anyone who looks at me the wrong way wont even see me the real me and yeah Ill be laughing[3], and a bit like this ha ha ha okay[3], and then visions[3], and in the sea the sea I will see[3], and listen if I have to choose drunken boat or dolphin munching on mackerel well you know[3], and it wont be easy choosing[3], and ... 'Dolphin, Mikey!'[3], and yes yes dolphin I suppose Voice that will be best[3], and anyway[3], and where was I and where am I aRound and aRound and aRound[3], and here oh here[3], and never mind eh[3], and do yous[3], and

Most UK adults believe the concept of retirement is dying out

Yeah, dying out because we're living in a corrupt world where you have to work until you're dead now while the rich -

Ah, never mind.

Good afternoon,

It's morning, mate.

'Who is that?'

I don't know, Voice.

I'm writing to share some new research, which has revealed that 73% of Britons who plan to retire past pension age believe that the traditional approach to retirement is dying out, whilst over two-thirds (65%) still plan to do some part-time work.

And what will the rich be doing??? Just asking, like.

Hope to hear from you soon. 

Eh?! You're not going to hear from me, son, but I'm covering the story. Be happy with that.

These people ...

'Boss, who is this guy?!'

Christ!

Best,

Scott

He's Scott.

'Scott who?!'

I don't know! It doesn't matter, does it? Let's just do this PR email before I lose interest.

'Okay. Keep your hair on.'

A new independent survey of 2,000 UK adults has found:  

42% expect to retire after the current state pension age (66). Of those… 

73% believe the traditional approach to retirement - fully stopping work at a particular age - is becoming less common 

65% envisage doing some part-time work in 'retirement'  

The majority of UK adults believe the traditional approach to retirement is becoming less common, with many planning to carry on part-time work even once retired, new research by SmartSave, a Chetwood Financial company, has found.

The digital bank commissioned an independent, nationally representative survey of 2,000 UK adults. It found that 44% of those still in work believe they will retire at 66 or younger, compared to 42% who expect to retire past the current state pension age (66, set to rise to 67 in 2026). 

Uh.

But why, why, why???

I mean -

The research highlighted several factors contributing to people's changing attitudes towards retirement. A third (34%) of those planning to retire at 67 or later stated that advances in technology, remote working, and the gig economy blur the line between working life and retirement.

Gig economy! Oh, that's it! I've had enough!

ENDS

EN -

'Let's hear from Andy first!'

Who?!

'Andy.'

Andy. Right.

Andy Mielczarek, Founder and CEO of SmartSave, a Chetwood Financial Company, says: "The cost-of-living crisis has undoubtedly affected people's ability to save and prepare for retirement. But there's an important and often-overlooked question we need to ask: do the traditional notions of retirement still hold up?

"The research highlights that for millions of UK employees, the way they think about retirement is evolving. For many, it is no longer black and white - part-time work in later life will play a big part in how they transition into retirement, and this is not always a financial necessity, but the survey shows that there are a lot of people who want to keep working."

Ha, ha, ha! Oh, that's it! Sorry, Andy. People don't want to keep working until they drop dead.

ENDS

ENDS

ENDS

...

Anything else?

You want more, kooks?

'They want you to keep working, boss.'

They're sick, Voice. Sick in the head.

'I know.'

I've got more important things to do, kooks. Really.

'Like what?'

Like write a conceptual, Voice. Number, er ...

'No. 1,178.'

Nice one!

'That's still work, boss.'

Ha, ha, ha! It doesn't feel like work these days.

'Oh.'

Man ... I love to get a-ROUND!

Laters.

'Bye!'

[No. 1,177] Living for the moments

And I[1], and I dont know do I and should I know well no I dont think so no why should I[1], and I[2], and this and these words[1], and I dont know do I and should I know well no I dont think so no why should I[2], and Im telling yous it and they could be about anything and its not my concern actually[1], and this and these words[2], and I do what Im told[1], and Im telling yous it and they could be about anything and its not my concern actually[2], and the meaning is above my pay grade[1], and I do what Im told[2], and the cosmos wants me here for a little while longer to do what needs to be done apparently[1], and the meaning is above my pay grade[2], and why it needs I cant even imagine[1], and the cosmos wants me here for a little while longer to do what needs to be done apparently[2], and I dont even care now because Im so ooo close to being free from words aRound and aRound here[1], and why it needs I cant even imagine[2], and Ill be gone[1], and I dont even care now because Im so ooo close to being free from words aRound and aRound here[2], and there are cliffs and there are beaches and they are calling me[1], and Ill be gone[2], and I hear in dreams[1], and there are cliffs and there are beaches and they are calling me[2], and I hear them yes even when Im awake[1], and I hear in dreams[2], and visions go without saying obviously[1], and I hear them yes even when Im awake[2], and if those dolphins get their hands on me I know Ill be utterly gone properly never to be seen again[1], and visions go without saying obviously[2], and I will have to stay out of the sea[1], and if those dolphins get their hands on me I know Ill be utterly gone properly never to be seen again[2], and but but BUT[1], and I will have to stay out of the sea[2], and even staying out of the sea wont save you from the dolphins in dreams who come looking for you on land these days[1], and but but BUT[2], and its terrible maybe I dont know[1], and even staying out of the sea wont save you from the dolphins in dreams who come looking for you on land these days[2], and maybe they really love me and really want me[1], and its terrible maybe I dont know[2], and stranger things have happened[1], and maybe they really love me and really want me[2], and anyway[1], and stranger things have happened[2], and I suppose I shouldnt ponder too much you know[1], and anyway[2], and listen[1], and I suppose I shouldnt ponder too much you know[2], and if I had any sense[1], and listen[2], and are yous listening[1], and if I had any sense[2], and if you had any sense[1], and are yous listening[2], and Christ this aint easy[1], and if you had any sense[2], and aRound and aRound and aRound so ooo ooo ooo dizzy to remember I thinks so do you[1], and Christ this aint easy[2], and if WE had any sense we would live for the moment[1], and aRound and aRound and aRound so ooo ooo ooo dizzy to remember I thinks so do you[2], and uh[1], and if WE had any sense we would live for the moment[2], and but ah[1], and uh[2], and yes yes which moment?[1], and but ah[2], and this one???[1], and yes yes which moment?[2], and oh come on[1], and this one???[2], and are you serious?????????[1], and oh come on[2], and I[3], and are you serious?????????[2], and I dont know do I and should I know well no I dont think so no why should I[3], and this and these words[3], and Im telling yous it and they could be about anything and its not my concern actually[3], and I do what Im told[3], and the meaning is above my pay grade[3], and the cosmos wants me here for a little while longer to do what needs to be done apparently[3], and why it needs I cant even imagine[3], and I dont even care now because Im so ooo close to being free from words aRound and aRound here[3], and Ill be gone[3], and there are cliffs and there are beaches and they are calling me[3], and I hear in dreams[3], and I hear them yes even when Im awake[3], and visions go without saying obviously[3], and if those dolphins get their hands on me I know Ill be utterly gone properly never to be seen again[3], and I will have to stay out of the sea[3], and but but BUT[3], and even staying out of the sea wont save you from the dolphins in dreams who come looking for you on land these days[3], and its terrible maybe I dont know[3], and maybe they really love me and really want me[3], and stranger things have happened[3], and anyway[3], and I suppose I shouldnt ponder too much you know[3], and listen[3], and if I had any sense[3], and are yous listening[3], and if you had any sense[3], and Christ this aint easy[3], and aRound and aRound and aRound so ooo ooo ooo dizzy to remember I thinks so do you[3], and if WE had any sense we would live for the moment[3], and uh[3], and but ah[3], and yes yes which moment?[3], and this one???[3], and oh come on[3], and are you serious?????????[3], and

And I[1], and I dont know do I and should I know well no I dont think so no why should I[1], and I[2], and this and these words[1], and I dont know do I and should I know well no I dont think so no why should I[2], and Im telling yous it and they could be about anything and its not my concern actually[1], and this and these words[2], and I do what Im told[1], and Im telling yous it and they could be about anything and its not my concern actually[2], and the meaning is above my pay grade[1], and I do what Im told[2], and the cosmos wants me here for a little while longer to do what needs to be done apparently[1], and the meaning is above my pay grade[2], and why it needs I cant even imagine[1], and the cosmos wants me here for a little while longer to do what needs to be done apparently[2], and I dont even care now because Im so ooo close to being free from words aRound and aRound here[1], and why it needs I cant even imagine[2], and Ill be gone[1], and I dont even care now because Im so ooo close to being free from words aRound and aRound here[2], and there are cliffs and there are beaches and they are calling me[1], and Ill be gone[2], and I hear in dreams[1], and there are cliffs and there are beaches and they are calling me[2], and I hear them yes even when Im awake[1], and I hear in dreams[2], and visions go without saying obviously[1], and I hear them yes even when Im awake[2], and if those dolphins get their hands on me I know Ill be utterly gone properly never to be seen again[1], and visions go without saying obviously[2], and I will have to stay out of the sea[1], and if those dolphins get their hands on me I know Ill be utterly gone properly never to be seen again[2], and but but BUT[1], and I will have to stay out of the sea[2], and even staying out of the sea wont save you from the dolphins in dreams who come looking for you on land these days[1], and but but BUT[2], and its terrible maybe I dont know[1], and even staying out of the sea wont save you from the dolphins in dreams who come looking for you on land these days[2], and maybe they really love me and really want me[1], and its terrible maybe I dont know[2], and stranger things have happened[1], and maybe they really love me and really want me[2], and anyway[1], and stranger things have happened[2], and I suppose I shouldnt ponder too much you know[1], and anyway[2], and listen[1], and I suppose I shouldnt ponder too much you know[2], and if I had any sense[1], and listen[2], and are yous listening[1], and if I had any sense[2], and if you had any sense[1], and are yous listening[2], and Christ this aint easy[1], and if you had any sense[2], and aRound and aRound and aRound so ooo ooo ooo dizzy to remember I thinks so do you[1], and Christ this aint easy[2], and if WE had any sense we would live for the moment[1], and aRound and aRound and aRound so ooo ooo ooo dizzy to remember I thinks so do you[2], and uh[1], and if WE had any sense we would live for the moment[2], and but ah[1], and uh[2], and yes yes which moment?[1], and but ah[2], and this one???[1], and yes yes which moment?[2], and oh come on[1], and this one???[2], and are you serious?????????[1], and oh come on[2], and I[3], and are you serious?????????[2], and I dont know do I and should I know well no I dont think so no why should I[3], and this and these words[3], and Im telling yous it and they could be about anything and its not my concern actually[3], and I do what Im told[3], and the meaning is above my pay grade[3], and the cosmos wants me here for a little while longer to do what needs to be done apparently[3], and why it needs I cant even imagine[3], and I dont even care now because Im so ooo close to being free from words aRound and aRound here[3], and Ill be gone[3], and there are cliffs and there are beaches and they are calling me[3], and I hear in dreams[3], and I hear them yes even when Im awake[3], and visions go without saying obviously[3], and if those dolphins get their hands on me I know Ill be utterly gone properly never to be seen again[3], and I will have to stay out of the sea[3], and but but BUT[3], and even staying out of the sea wont save you from the dolphins in dreams who come looking for you on land these days[3], and its terrible maybe I dont know[3], and maybe they really love me and really want me[3], and stranger things have happened[3], and anyway[3], and I suppose I shouldnt ponder too much you know[3], and listen[3], and if I had any sense[3], and are yous listening[3], and if you had any sense[3], and Christ this aint easy[3], and aRound and aRound and aRound so ooo ooo ooo dizzy to remember I thinks so do you[3], and if WE had any sense we would live for the moment[3], and uh[3], and but ah[3], and yes yes which moment?[3], and this one???[3], and oh come on[3], and are you serious?????????[3], and

And I[1], and I dont know do I and should I know well no I dont think so no why should I[1], and I[2], and this and these words[1], and I dont know do I and should I know well no I dont think so no why should I[2], and Im telling yous it and they could be about anything and its not my concern actually[1], and this and these words[2], and I do what Im told[1], and Im telling yous it and they could be about anything and its not my concern actually[2], and the meaning is above my pay grade[1], and I do what Im told[2], and the cosmos wants me here for a little while longer to do what needs to be done apparently[1], and the meaning is above my pay grade[2], and why it needs I cant even imagine[1], and the cosmos wants me here for a little while longer to do what needs to be done apparently[2], and I dont even care now because Im so ooo close to being free from words aRound and aRound here[1], and why it needs I cant even imagine[2], and Ill be gone[1], and I dont even care now because Im so ooo close to being free from words aRound and aRound here[2], and there are cliffs and there are beaches and they are calling me[1], and Ill be gone[2], and I hear in dreams[1], and there are cliffs and there are beaches and they are calling me[2], and I hear them yes even when Im awake[1], and I hear in dreams[2], and visions go without saying obviously[1], and I hear them yes even when Im awake[2], and if those dolphins get their hands on me I know Ill be utterly gone properly never to be seen again[1], and visions go without saying obviously[2], and I will have to stay out of the sea[1], and if those dolphins get their hands on me I know Ill be utterly gone properly never to be seen again[2], and but but BUT[1], and I will have to stay out of the sea[2], and even staying out of the sea wont save you from the dolphins in dreams who come looking for you on land these days[1], and but but BUT[2], and its terrible maybe I dont know[1], and even staying out of the sea wont save you from the dolphins in dreams who come looking for you on land these days[2], and maybe they really love me and really want me[1], and its terrible maybe I dont know[2], and stranger things have happened[1], and maybe they really love me and really want me[2], and anyway[1], and stranger things have happened[2], and I suppose I shouldnt ponder too much you know[1], and anyway[2], and listen[1], and I suppose I shouldnt ponder too much you know[2], and if I had any sense[1], and listen[2], and are yous listening[1], and if I had any sense[2], and if you had any sense[1], and are yous listening[2], and Christ this aint easy[1], and if you had any sense[2], and aRound and aRound and aRound so ooo ooo ooo dizzy to remember I thinks so do you[1], and Christ this aint easy[2], and if WE had any sense we would live for the moment[1], and aRound and aRound and aRound so ooo ooo ooo dizzy to remember I thinks so do you[2], and uh[1], and if WE had any sense we would live for the moment[2], and but ah[1], and uh[2], and yes yes which moment?[1], and but ah[2], and this one???[1], and yes yes which moment?[2], and oh come on[1], and this one???[2], and are you serious?????????[1], and oh come on[2], and I[3], and are you serious?????????[2], and I dont know do I and should I know well no I dont think so no why should I[3], and this and these words[3], and Im telling yous it and they could be about anything and its not my concern actually[3], and I do what Im told[3], and the meaning is above my pay grade[3], and the cosmos wants me here for a little while longer to do what needs to be done apparently[3], and why it needs I cant even imagine[3], and I dont even care now because Im so ooo close to being free from words aRound and aRound here[3], and Ill be gone[3], and there are cliffs and there are beaches and they are calling me[3], and I hear in dreams[3], and I hear them yes even when Im awake[3], and visions go without saying obviously[3], and if those dolphins get their hands on me I know Ill be utterly gone properly never to be seen again[3], and I will have to stay out of the sea[3], and but but BUT[3], and even staying out of the sea wont save you from the dolphins in dreams who come looking for you on land these days[3], and its terrible maybe I dont know[3], and maybe they really love me and really want me[3], and stranger things have happened[3], and anyway[3], and I suppose I shouldnt ponder too much you know[3], and listen[3], and if I had any sense[3], and are yous listening[3], and if you had any sense[3], and Christ this aint easy[3], and aRound and aRound and aRound so ooo ooo ooo dizzy to remember I thinks so do you[3], and if WE had any sense we would live for the moment[3], and uh[3], and but ah[3], and yes yes which moment?[3], and this one???[3], and oh come on[3], and are you serious?????????[3], and

Is your coin stable?

Well, I don't know. I -

'Boss, look in your coin jar!'

What about my coin jar, Voice?

'All the coins in there ... perfectly stable. What are you worried about?'

I'm not worried. It's just ... this PR email -

Hi Michael

As the FCA's consultation on stablecoins comes to a close today, Chor Teh, Director, Director Financial Crime Compliance at Moody's Analytics provides expert commentary on the expected outcomes:

Director, Director?

Look, I don't see how it affects my coin jar. Why are you sending me this???

Chor Teh, Director, Director Financial Crime Compliance at Moody's Analytics comments:

"Stablecoins are here to stay, but just how stable are they? In line with crypto's increasing adoption, regulators are examining the best way to de-risk a historically volatile space."

Oh, God. It's about crypto.

'I knew it!'

Well, if you knew, Voice, why didn't you say anything?

'I wanted it to be a surprise for you.'

Yeah, right.

Anyway ...

"The FCA's consultation looks like one of the first steps for doing so, with the regulator seeking to draft legislation for stablecoins before moving on to a wider range of crypto assets. What's interesting about the consultation is the number of participants the FCA has suggested it's suitable for. Outside of crypto firms, the FCA wants insights from consumer groups and retailers who may consider using stablecoins as an alternative form of payment." 

Uh.

"2024 will be a year when crypto becomes increasingly professionalised and used more frequently in everyday financial transactions. Whatever the outcome of the consultation, those within organisations responsible for due diligence and de-risking will need to automate real-time and comprehensive data checks into their KYC workflows, to best prepare for adherence to any new regulation and meet the growing demands to assess crypto risks."

Well, I won't be using any crypto.

'What happened to Mikeycoin, boss?'

Shut up, idiot.

Best,

Laura

All right, thanks, Laura.

And pass on my thanks to Duran, Duran.

'Director, Director.'

Whatever.

ENDS

ENDS

ENDS

...

Anything else, kooks?

There's an Ed Mylett video on YouTube about "2 Simple Things" which is very, very, very motivational, and it ties in nicely with those twenty minutes of The Battle of Gaugamela from the Alexander film. (If you've got the right version of the film. I'm talking about Alexander Revisited: The Final Cut.)

'Provide a link to the Ed Mylett video then.'

I can't.

'Why not?'

I'm not allowed to watch YouTube videos any more. Not even for a second.

'Who says?!'

I do. It's a part of my fresh start, Voice. I'm only allowed to watch The Battle of Gaugamela.

No videos, no films, no TV, no listening to music, no reading books. I'm allowed to read poetry though.

'Yeah, yeah. How long will this last, Mikey?'

Until the end.

'Yeah, yeah.'

Shut up.

Anyway, kooks, you can find that video yourself on YouTube.

Laters.

'Bye!'

ENDS

ENDS

ENDS

Zeus be with us!

Hotspot revealed

Well ...

'Is that Tatyana again, boss?'

Eh? No, it's, uh ... I don’t know who it is, actually. Let's just get it done.

'Okay.'

Yeah, PR email, kooks -

LONDON, 15th February 2024 - Where our office sits. London, arguably the world's most famous city. With a history extending over 2000 years, establishing a metropolis is neither an easy nor a quick feat… This month's Innovation & Disruption series features conversations with key decision-makers at Iskandar Investment Berhad on CBS News. This corporation is not only taking steps towards innovating business but towards developing an entire city.

What? Where?

'In London?!'

I don't know, Voice. London is already developed enough.

"The path to a sustainable future is built upon the foundation of progress" claims Iskandar Investment Berhad's President/CEO, Dato' Idzham Mohd Hashim. This revolutionary statement encapsulates the ways that businesses should innovate and disrupt the market. Not only should corporations utilise their own visions as a business blueprint but they should anticipate the world's future into these blueprints, creating a so-called 'greenprint'.  

Who's got the energy for this?!

Acumen Media (formerly known as TBD Media Group and recently acquired by Acumen International Investment Group), are excited to document a business that takes their path, journey and pinnacles literally on the Acumen Stories website and YouTube channel. Iskandar Investment Berhad don't merely use these words rhetorically. Instead, this business works tirelessly with the education, tourism, leisure, creative, and health sectors to give Iskandar Malaysia the means to grow into a thriving and sustainable metropolis.

Er ...

'Was Lucky involved with this email?'

No, it's not a PDF.

The symbiotic ties that unite us all geographically, physically and technologically must be captured by today's promising new corporations in order to be the innovators of tomorrow. Iskandar Investment's holistic aims to develop the region via investment, asset management and property development all work to change the urban, cultural and financial landscape of Malaysia and the world. 

Using the power of visual storytelling, Acumen Media captures the stories of today's innovators and disruptors before they permanently change the future of tomorrow. The Innovation & Disruption Leaders series helps inspire both laymen and business leaders to be brave by disrupting the market, changing both cultural and geographical terrain. 

Okay.

Okay, well ... good luck with it, guys, whatever it is.

Anyway -

'What was that all about, boss?'

I have absolutely no idea, Voice.

ENDS

ENDS

ENDS

...

Anything else?

Sam Mendes is making four films about The Beatles. A film about each member.

That's the problem with popular culture, you see. Every few years you need a big project like this to keep the artist(s) name(s) alive.

I am of the opinion that The Beatles are the pinnacle of popular culture. But they still need this sort of thing. Without it, there's a danger of fading away.

But it's not the same with a guy like our Billy.

'Yeats lives in eternity, Mikey!'

Yes, Voice.

'With the fairies.'

I mean, he's proved it, hasn't it?

'Yeah. Christmas the other year. That dream of yours. Still writing poetry. Amazing!'

Tell me about it!

'I just did.'

All right.

Laters.

ENDS

ENDS

ENDS

[No. 1,176] Can I snap?

And can I???[1], and yes it would be a miracle yes[1], and can I???[2], and big time for all time[1], and yes it would be a miracle yes[2], and can I me really snap to be so ooo gone beyond your absurd reality oh even if youre a kook Im afraid yes[1], and big time for all time[2], and you you YOU your mouth like a dead soul now[1], and can I me really snap to be so ooo gone beyond your absurd reality oh even if youre a kook Im afraid yes[2], and ha ha ha[1], and you you YOU your mouth like a dead soul now[2], and youre waiting for a miracle and I know you want to witness it[1], and ha ha ha[2], and say something but[1], and youre waiting for a miracle and I know you want to witness it[2], and come on[1], and say something but[2], and oh no NO[1], and come on[2], and no no please no squares you can be quiet ah dont even want to see your faces at a peculiar time like this[1], and oh no NO[2], and is peculiar the word I dont know maybe[1], and no no please no squares you can be quiet ah dont even want to see your faces at a peculiar time like this[2], and stay in your world and youll see me witness me my new life soon enough[1], and is peculiar the word I dont know maybe[2], and this time here[1], and stay in your world and youll see me witness me my new life soon enough[2], and you will be scared[1], and this time here[2], and all the moments that make up the time like this yes[1], and you will be scared[2], and here I am[1], and all the moments that make up the time like this yes[2], and aRound aRound I feel reasonably brave when Im dizzy but I gotta snap in the real cold world which takes some doing[1], and here I am[2], and watch me out there if youve got the eyes for it[1], and aRound aRound I feel reasonably brave when Im dizzy but I gotta snap in the real cold world which takes some doing[2], and uh uh well[1], and watch me out there if youve got the eyes for it[2], and Im doing doing am I well maybe its hard to say[1], and uh uh well[2], and aRound aRound still here but Im going or maybe Im staying for eternity just pretty confused to tell the truth[1], and Im doing doing am I well maybe its hard to say[2], and no Ill snap[1], and aRound aRound still here but Im going or maybe Im staying for eternity just pretty confused to tell the truth[2], and Ill be there with you soon I promise[1], and no Ill snap[2], and I promise you[1], and Ill be there with you soon I promise[2], and who am I even talking to is a question[1], and I promise you[2], and but but BUT you wont want to see me actually no not with the fire in my eyes that I will have then[1], and who am I even talking to is a question[2], and Im preparing it oh believe[1], and but but BUT you wont want to see me actually no not with the fire in my eyes that I will have then[2], and I will do such things yes seriously so maybe you better hide[1], and Im preparing it oh believe[2], and kooks kooks[1], and I will do such things yes seriously so maybe you better hide[2], and my kooks I can say its been a great pleasure knowing you and spinning with you[1], and kooks kooks[2], and I will remember you[1], and my kooks I can say its been a great pleasure knowing you and spinning with you[2], and can I???[3], and I will remember you[2], and yes it would be a miracle yes[3], and big time for all time[3], and can I me really snap to be so ooo gone beyond your absurd reality oh even if youre a kook Im afraid yes[3], and you you YOU your mouth like a dead soul now[3], and ha ha ha[3], and youre waiting for a miracle and I know you want to witness it[3], and say something but[3], and come on[3], and oh no NO[3], and no no please no squares you can be quiet ah dont even want to see your faces at a peculiar time like this[3], and is peculiar the word I dont know maybe[3], and stay in your world and youll see me witness me my new life soon enough[3], and this time here[3], and you will be scared[3], and all the moments that make up the time like this yes[3], and here I am[3], and aRound aRound I feel reasonably brave when Im dizzy but I gotta snap in the real cold world which takes some doing[3], and watch me out there if youve got the eyes for it[3], and uh uh well[3], and Im doing doing am I well maybe its hard to say[3], and aRound aRound still here but Im going or maybe Im staying for eternity just pretty confused to tell the truth[3], and no Ill snap[3], and Ill be there with you soon I promise[3], and I promise you[3], and who am I even talking to is a question[3], and but but BUT you wont want to see me actually no not with the fire in my eyes that I will have then[3], and Im preparing it oh believe[3], and I will do such things yes seriously so maybe you better hide[3], and kooks kooks[3], and my kooks I can say its been a great pleasure knowing you and spinning with you[3], and I will remember you[3], and

And can I???[1], and yes it would be a miracle yes[1], and can I???[2], and big time for all time[1], and yes it would be a miracle yes[2], and can I me really snap to be so ooo gone beyond your absurd reality oh even if youre a kook Im afraid yes[1], and big time for all time[2], and you you YOU your mouth like a dead soul now[1], and can I me really snap to be so ooo gone beyond your absurd reality oh even if youre a kook Im afraid yes[2], and ha ha ha[1], and you you YOU your mouth like a dead soul now[2], and youre waiting for a miracle and I know you want to witness it[1], and ha ha ha[2], and say something but[1], and youre waiting for a miracle and I know you want to witness it[2], and come on[1], and say something but[2], and oh no NO[1], and come on[2], and no no please no squares you can be quiet ah dont even want to see your faces at a peculiar time like this[1], and oh no NO[2], and is peculiar the word I dont know maybe[1], and no no please no squares you can be quiet ah dont even want to see your faces at a peculiar time like this[2], and stay in your world and youll see me witness me my new life soon enough[1], and is peculiar the word I dont know maybe[2], and this time here[1], and stay in your world and youll see me witness me my new life soon enough[2], and you will be scared[1], and this time here[2], and all the moments that make up the time like this yes[1], and you will be scared[2], and here I am[1], and all the moments that make up the time like this yes[2], and aRound aRound I feel reasonably brave when Im dizzy but I gotta snap in the real cold world which takes some doing[1], and here I am[2], and watch me out there if youve got the eyes for it[1], and aRound aRound I feel reasonably brave when Im dizzy but I gotta snap in the real cold world which takes some doing[2], and uh uh well[1], and watch me out there if youve got the eyes for it[2], and Im doing doing am I well maybe its hard to say[1], and uh uh well[2], and aRound aRound still here but Im going or maybe Im staying for eternity just pretty confused to tell the truth[1], and Im doing doing am I well maybe its hard to say[2], and no Ill snap[1], and aRound aRound still here but Im going or maybe Im staying for eternity just pretty confused to tell the truth[2], and Ill be there with you soon I promise[1], and no Ill snap[2], and I promise you[1], and Ill be there with you soon I promise[2], and who am I even talking to is a question[1], and I promise you[2], and but but BUT you wont want to see me actually no not with the fire in my eyes that I will have then[1], and who am I even talking to is a question[2], and Im preparing it oh believe[1], and but but BUT you wont want to see me actually no not with the fire in my eyes that I will have then[2], and I will do such things yes seriously so maybe you better hide[1], and Im preparing it oh believe[2], and kooks kooks[1], and I will do such things yes seriously so maybe you better hide[2], and my kooks I can say its been a great pleasure knowing you and spinning with you[1], and kooks kooks[2], and I will remember you[1], and my kooks I can say its been a great pleasure knowing you and spinning with you[2], and can I???[3], and I will remember you[2], and yes it would be a miracle yes[3], and big time for all time[3], and can I me really snap to be so ooo gone beyond your absurd reality oh even if youre a kook Im afraid yes[3], and you you YOU your mouth like a dead soul now[3], and ha ha ha[3], and youre waiting for a miracle and I know you want to witness it[3], and say something but[3], and come on[3], and oh no NO[3], and no no please no squares you can be quiet ah dont even want to see your faces at a peculiar time like this[3], and is peculiar the word I dont know maybe[3], and stay in your world and youll see me witness me my new life soon enough[3], and this time here[3], and you will be scared[3], and all the moments that make up the time like this yes[3], and here I am[3], and aRound aRound I feel reasonably brave when Im dizzy but I gotta snap in the real cold world which takes some doing[3], and watch me out there if youve got the eyes for it[3], and uh uh well[3], and Im doing doing am I well maybe its hard to say[3], and aRound aRound still here but Im going or maybe Im staying for eternity just pretty confused to tell the truth[3], and no Ill snap[3], and Ill be there with you soon I promise[3], and I promise you[3], and who am I even talking to is a question[3], and but but BUT you wont want to see me actually no not with the fire in my eyes that I will have then[3], and Im preparing it oh believe[3], and I will do such things yes seriously so maybe you better hide[3], and kooks kooks[3], and my kooks I can say its been a great pleasure knowing you and spinning with you[3], and I will remember you[3], and

And can I???[1], and yes it would be a miracle yes[1], and can I???[2], and big time for all time[1], and yes it would be a miracle yes[2], and can I me really snap to be so ooo gone beyond your absurd reality oh even if youre a kook Im afraid yes[1], and big time for all time[2], and you you YOU your mouth like a dead soul now[1], and can I me really snap to be so ooo gone beyond your absurd reality oh even if youre a kook Im afraid yes[2], and ha ha ha[1], and you you YOU your mouth like a dead soul now[2], and youre waiting for a miracle and I know you want to witness it[1], and ha ha ha[2], and say something but[1], and youre waiting for a miracle and I know you want to witness it[2], and come on[1], and say something but[2], and oh no NO[1], and come on[2], and no no please no squares you can be quiet ah dont even want to see your faces at a peculiar time like this[1], and oh no NO[2], and is peculiar the word I dont know maybe[1], and no no please no squares you can be quiet ah dont even want to see your faces at a peculiar time like this[2], and stay in your world and youll see me witness me my new life soon enough[1], and is peculiar the word I dont know maybe[2], and this time here[1], and stay in your world and youll see me witness me my new life soon enough[2], and you will be scared[1], and this time here[2], and all the moments that make up the time like this yes[1], and you will be scared[2], and here I am[1], and all the moments that make up the time like this yes[2], and aRound aRound I feel reasonably brave when Im dizzy but I gotta snap in the real cold world which takes some doing[1], and here I am[2], and watch me out there if youve got the eyes for it[1], and aRound aRound I feel reasonably brave when Im dizzy but I gotta snap in the real cold world which takes some doing[2], and uh uh well[1], and watch me out there if youve got the eyes for it[2], and Im doing doing am I well maybe its hard to say[1], and uh uh well[2], and aRound aRound still here but Im going or maybe Im staying for eternity just pretty confused to tell the truth[1], and Im doing doing am I well maybe its hard to say[2], and no Ill snap[1], and aRound aRound still here but Im going or maybe Im staying for eternity just pretty confused to tell the truth[2], and Ill be there with you soon I promise[1], and no Ill snap[2], and I promise you[1], and Ill be there with you soon I promise[2], and who am I even talking to is a question[1], and I promise you[2], and but but BUT you wont want to see me actually no not with the fire in my eyes that I will have then[1], and who am I even talking to is a question[2], and Im preparing it oh believe[1], and but but BUT you wont want to see me actually no not with the fire in my eyes that I will have then[2], and I will do such things yes seriously so maybe you better hide[1], and Im preparing it oh believe[2], and kooks kooks[1], and I will do such things yes seriously so maybe you better hide[2], and my kooks I can say its been a great pleasure knowing you and spinning with you[1], and kooks kooks[2], and I will remember you[1], and my kooks I can say its been a great pleasure knowing you and spinning with you[2], and can I???[3], and I will remember you[2], and yes it would be a miracle yes[3], and big time for all time[3], and can I me really snap to be so ooo gone beyond your absurd reality oh even if youre a kook Im afraid yes[3], and you you YOU your mouth like a dead soul now[3], and ha ha ha[3], and youre waiting for a miracle and I know you want to witness it[3], and say something but[3], and come on[3], and oh no NO[3], and no no please no squares you can be quiet ah dont even want to see your faces at a peculiar time like this[3], and is peculiar the word I dont know maybe[3], and stay in your world and youll see me witness me my new life soon enough[3], and this time here[3], and you will be scared[3], and all the moments that make up the time like this yes[3], and here I am[3], and aRound aRound I feel reasonably brave when Im dizzy but I gotta snap in the real cold world which takes some doing[3], and watch me out there if youve got the eyes for it[3], and uh uh well[3], and Im doing doing am I well maybe its hard to say[3], and aRound aRound still here but Im going or maybe Im staying for eternity just pretty confused to tell the truth[3], and no Ill snap[3], and Ill be there with you soon I promise[3], and I promise you[3], and who am I even talking to is a question[3], and but but BUT you wont want to see me actually no not with the fire in my eyes that I will have then[3], and Im preparing it oh believe[3], and I will do such things yes seriously so maybe you better hide[3], and kooks kooks[3], and my kooks I can say its been a great pleasure knowing you and spinning with you[3], and I will remember you[3], and

Mott

Okay, okay.

PR email ...

Dear Michael​,

Would you like to speak with portfolio manager and online investment guide Michael Kramer about the most recent consumer price index report and how the numbers will impact stock behaviour in the coming weeks?

Er ...

Kramer runs the Mott -

'Mott the Hoople, boss!'

What, Voice?

'He manages Mott the Hoople! Speak to him. It's better than the normal finance rubbish we get offered.'

Christ! Mickey Kramer doesn't manage Mott the Hoople.

'No?'

No.

Kramer runs the Mott Capital, actively managed long-only Thematic Growth Portfolio, that pays active attention to fed activity. He also authors The Market Chronicles, and provides daily market analysis with accompanying informational videos and charts.

'Oh.'

Yes - oh.

Anyway, we better do this now ...

Stocks ended considerably lower on Tuesday after CPI numbers showed higher than expected inflation, pushing back expectations for the timing for the first federal interest rate cut of the year. Michael has been tracking expectations for the report and their implications on stock behaviour; he even noted in an article on Seeking Alpha that inflation swaps were pricing in a hot reading. Michael can walk through the latest CPI report and explain the implications and likely results to come as a result.

Tuesday?

'Which Tuesday, boss?'

Probably last Tuesday.

'Yeah, but you have a habit of keeping these PR emails in your folder for weeks before you eventually take a look at them.'

I've got things on my mind, Voice. You know that.

'Okay.'

It was last Tuesday, anyway.

'Are you sure?'

Pretty sure.

Please let me know if you would be interested in speaking with Michael.

Best,

David

'Ha!'

David, mate ... my head's all over the place at the moment. I can talk to anyone.

Fair enough.

Thanks for understanding.

'I'll talk with Michael, if you like.'

You are talking with Michael.

Uh ...

Please let it

ENDS

ENDS

ENDS

Is it the ENDS yet?

'Unless you've got more to say.'

No.

'Let me speak with Michael.'

You already are!

Just be quiet, Voice.

'All right.'

Let's just sit here in silence.

'I'll float, if you don't mind.'

Whatever. Stop talking.

'Okay.'

PEACE

PEACE

PEACE

'And ...'

QUIET

But why do I feel so disturbed???

'Shush!'

Okay.

Where is Michael?

'Who?!'