2026

Key Points. Nike is the largest seller of athletic footwear and apparel in the world, with the NIKE and Swoosh trademarks registered across 190 jurisdictions. The Jordan Brand is cultural asset that transcends sport. No competitor occupies the same structural position. Nike is an example of a global franchise correcting past mistakes and providing an

Key Points. The S&P 500, consisting of the 500 largest US companies, has become so concentrated that forty percent of its value sits, at the time of writing, in just ten companies. Those ten companies spend hundreds of billions on data centres to power AI services. They funded the build-out with cash they generate, then

Key Points. Open a South African newspaper in mid-2025 and you would have read that the rand was strengthening because of political stability, improving energy supply, and growing international confidence in the country’s direction. Open a Swiss financial publication and you would have found reassuring commentary about the franc’s safe haven status attracting cautious capital

Key Points. This article examines how asset prices move because buyers exceed sellers, and then accelerate as momentum traders join the buying. Price appreciation does not change what an asset produces — or whether it produces anything at all — for its owner. China’s Gold Accumulation Since 2020, China’s central bank has added 557 tonnes

Key Points. Imagine two investors sitting on identical portfolios the day markets drop 20%. One watches the value fall and waits. The other watches the value fall less, and starts buying. In this article, we examine the role of a risk management buffer in a portfolio. What Makes up a Portfolio? A portfolio is a

Imagine you invest your savings in a private credit fund that promises a high interest rate, but only permits withdrawals each quarter. When you submit a redemption request, instead of receiving your money, you receive a letter stating that the fund will not return your money this quarter and cannot confirm a timeline for when

The market has shifted focus and select sectors are experiencing a brutal sell off. We explore the current winners and losers in this article. Johnson & Johnson gained 11.7%, Nestlé 13.1%, Unilever 12.8%, and Anheuser-Busch InBev 15.0%, in a single month. These are the winners. Meanwhile, in software Salesforce −23.5% | Adobe −26.0% | ServiceNow