Nickolai Hubble

Welcome to your new editor of Fortune & Freedom: the Terminator

The big investment theme of 2023 has been artificial intelligence (AI), with AI stocks leaving the rest of the market for dead. But what does…

It’s not the carbon that counts, but who counts the carbon

Net zero sceptics love to point out just how small the UK’s contribution to carbon emissions are in a global context. The inference is that…

Why fossil fuel divestment is a fantastic idea… for fossil fuel investors

History is full of things the government tries to ban phase out. But what happens each time they do (try)? An investment opportunity promising outsized…

How to wait for nuclear power’s comeback

Now that the world is having second thoughts about net zero, attention is turning to viable solutions. It’s not like they’ve given up on climate…

The lesser of two evils is still evil

As Nigel Farage warned his readers of The Fleet Street Letter in December, a Labour government is coming our way. The real question is: what…

The lesser of two evils is still evil

As Nigel Farage warned his readers of The Fleet Street Letter in December, a Labour government is coming our way. The real question is: what…

Could another energy crisis reignite inflation?

Well, it’s that time of year again. Our now traditional annual energy crisis is already on the way. And so we’re all going to have…

Why energy markets offer the best mispricing opportunities for investors

Prices are the street names of the economy and financial system. They define where you go, how you get around and where you are. Without…

Here come higher interest rates, at last

The Bank of England’s Christmas present to the economy in 2021 was the first post-pandemic interest rate hike amongst large, developed economies. Back then, the…

Welcome back to the 70s re-enactment

Labour is taking the low road, and the Conservatives the high road, but they’re both taking us back to the 70s. Strikes, inflation, price controls,…

Welcome back to the 70s re-enactment

Labour is taking the low road, and the Conservatives the high road, but they’re both taking us back to the 70s. Strikes, inflation, price controls,…

You’ll never see me again… unless net zero is abandoned

I recently flew to Melbourne, Australia, to attend an ideas summit with fellow newsletter editors. My own speech about net zero came to a simple…

Net zero’s Tavistock moment

Which sort of transition is more controversial these days? Gender transition or energy transition? Net zero or Tavistock? From unquestionable orthodoxy to favourite opinion column…

Why fossil fuels are the best way to play net zero

With much of the developed world now committed to net zero, the hunt is on for how investors should play the theme. After all, we’re…

Will the bond market bring down the government again?

Back in October, the UK government was brought down by the bond market. The Truss/Kwarteng budget triggered a crash in UK government bonds, driving borrowing…

Will the bond market bring down the government again?

Back in October, the UK government was brought down by the bond market. The Truss/Kwarteng budget triggered a crash in UK government bonds, driving borrowing…

Why gold is the go-to in a multi-polar world

All around the world, nations are seeking ways to escape the tyranny of the US dollar. As Russia discovered the hard way, it is no…

The week the Brexit dream died

The whole point of Brexit was to diverge from the EU – to dump their defunct laws and make the UK economy competitive with new…

The week the Brexit dream died

The whole point of Brexit was to diverge from the EU – to dump their defunct laws and make the UK economy competitive with new…

The end of a 20-year bear market in the FTSE 100?

I do very much enjoy the old myth that stock markets like the FTSE 100 go up in the long run. It’s always good for…