Mr Bearbull

Covid-19 is simultaneously a major threat and a minor one. Understanding that helps equity markets relax

Old-world valuation formulae will work post Covid-19. But they will need tweaks. Here’s a primer

History and maths tell us something about today’s pandemic. The lessons mix hope and fear

It may get nastier yet – all the more reason to know market history and to have sound bearings

Stock markets have been especially placid these past 10 years, but that does not reflect long-term reality

Another spat involving the prime minister’s special adviser helps us understand the vital distinction between forecasts and forecasting

ESG investment may be the future. If so, it needs to be better thought out

An acquisition junky no more, Micro Focus now needs to be average

The metaphorical climate, that is, for making investment profits from averting climate apocalypse