It’s Frohe Weihnachten from us at Southbank Investment Research.
That’s right, Germans like me celebrate Christmas a day early, on Christmas Eve. Purely to get our presents before you do.
By the time you read this, I’ll be lying on the beach in a place called Ishigaki.
Not for pleasure, of course. It’s the third Japanese island China would invade after taking Taiwan.
So, I’d better keep a sharp lookout…
We hope you had a great year in the markets and beyond.
Next year promises to be tumultuous with a wobbling Starmer government, Norway’s plans to cut Europe’s cable-ties, US mid-terms, a new Fed Chair and Japan’s attempt to stimulate its way out of inflation.
Good luck!
We’re going to need it…
Until next time,

Nick Hubble
Editor at Large