Our approach to Bitcoin and other cryptocurrencies has been modelled over the years to align with our stance on frontier stock markets, such as Morocco and Kazakhstan. These assets may afford opportunity for some, but they require specialist knowledge that may be a bridge too far for most global investors. We never felt a need […]
Customer retention is essential to business survival. It measures the underlying health of a firm. In April, Netflix announced it had lost some 200,000 subscribers in the first quarter, suggesting that consumers were abandoning the streaming company. The stock price was penalized because of the headline interpretation of subscriber churn. In fact, the number could […]
A strange thing happened in Afghanistan this month. The Taliban outlawed poppy cultivation. On the surface, that decision would appear to be a bold, counter-narcotic move. Many argue that the policy will send the fragile Afghan economy further down the drain. Or will it? The breadseed poppy (papaver somniferumis) is the most important crop in […]
Legislation now in play in Washington aims to provide as much as $52 billion in loans, guarantees, and other incentives to technology companies for retrofitting US-based chip manufacturing. That seems logical, if not politically expedient, at a time when US households are being deprived of consumer goods because of a global chip shortage. There are […]
We are responsive to the view that a pandemic ends when people say that it ends. Despite the more casual attitude toward Covid-19 in diverse geographies, statistics remain sobering, at least here in the United States. According to the Center for Disease Control, some 120,000 people died directly from Covid-19 in the first three months […]
The war in Ukraine has jolted Colombia, at least economically. We are struck by news that Bogota is trying to accelerate coal output, as well as identify mining surpluses, to fill at-hand and oversized shortfalls in Europe, including Ukraine. Colombia is one of the world’s top-ten producers of coal. In recent years, the industry there […]
The existential threat to Egypt that is harbored in higher food prices is more than a topic for debate. Abu Dhabi just announced that it is backstopping Cairo with some $2 billion in investment, an approach that seems more palatable than a hastily-assembled aid package. The Gulf nation is purchasing shares in Egyptian companies that […]
Peter Paul Rubens is one of the masters of seventeenth century painting. Known for fluid depictions of religious and mythological characters, Rubens is an essential part of the collection at the Prado and the Metropolitan Museum of Art, among other cornerstone museums. We were intrigued when one of his notable works, “Portrait of a Lady” […]
In financial lore, IPOs are supposed to be a risk-free investment, especially in India. Strong stock-market momentum after the Covid-induced collapse of early 2020 attracted fresh institutional interest. Many of India’s startup jewels are replicas, up to a point, of successful tech companies elsewhere. The Indian heritage of using frugality to overcome adversity adds a […]
Before the pandemic, venture capitalists largely ignored trends in farm technology. A common view was that the sector did not lend itself to the sort of monetization framework seen in ride-hailing or e-commerce businesses, among other ideas. That convention may finally be a Silicon Valley relic.
Cranganore offers uncommon views on worldwide investment trends. Graze Today is distributed by email across six continents to executives and entrepreneurs. Our outlook reaches past Wall Street drivel.
Our soon-to-launch audio program is Market Anvil. We draw monthly from a deep bench of experts on asset classes and economic issues to offer penetrating insight for global investors.
Our work is research-based, reflecting our heritage in the investment-banking industry. We benefit from the wisdom of others and their disparate voices.
