Geoff Dennis

Independent Emerging Markets Commentator (Retired from financial markets after 35 years.)

[Geoff Dennis @GeoffDennis8]

It is midsummer in England, the sun is beating down with temps in the high 20sC (low 80sF) and there is basically no professional cricket (and no red ball cricket at all) going on. This is now the total madness of the schedule of English cricket these days.

[Geoff Dennis @GeoffDennis8]

@jadamlucas @UNC_Basketball Brilliant, Adam. As a Brit living in Chapel Hill and having followed our wonderful Heels for 20 years, this was a great tribute to the big man. I was in New York this week at a work reunion. The first thing an old colleague said to me was 'sorry about Eric Montross'. You bet.

[Geoff Dennis @GeoffDennis8]

What is the point of the referees (including the VAR ref) being suspended from next week’s matches after their truly awful non-penalty call at the end of Man U/Wolves match. No consolation for Wolves at all - they should replay the match!

[Geoff Dennis @GeoffDennis8]

The markets have taken back control: so much for Truss's Brexit delusion of sovereignty | Jonathan Freedland https://t.co/yOpuWy1aqf

A quite brilliant article including a highly relevant juxtaposition with the Suez Crisis of the mid-50s.

[Geoff Dennis @GeoffDennis8]

Offensive and idiotic.

[Geoff Dennis @GeoffDennis8]

@M_PaulMcNamara Great article, Paul. It is well-written, funny and very much to the point. Thank you very much for skewering our incompetent new Tory leadership. (I am not joking.)

[Geoff Dennis @GeoffDennis8]

Good, if embarrassing, U-turn on the top tax rate. However, does it save much money in what is still a wildly expansionary mini-budget?

[Geoff Dennis @GeoffDennis8]

@UNC_Basketball Tyler Hansbrough and (the numbers tell you) Armando Bacot. Best Tar Heel of all time: the great Michael Jordan (obviously).

[Geoff Dennis @GeoffDennis8]

@johnauthers As I have often said, John, one always buys the dip. That is not the question. When to ‘buy the dip’ is the key - after a one-day 1% sell-off or a 35% bear market? Timing, as they say, is everything including in falling stock markets.

[Geoff Dennis @GeoffDennis8]

Erin Burnett, well done on your interview with Navarro on OutFront. You made him look ill-informed and consistently wrong.m

[Geoff Dennis @GeoffDennis8]

@RichardHaass @60Minutes @realDonaldTrump That is because the Fed Chairman is not ‘part of the administration’

[Geoff Dennis @GeoffDennis8]

And that in all four of those years, UNC beat Duke at Cameron in the regular season. Happy memories.

[Ross Martin @RossMartinNC]

People often forget Tyler Hansbrough was First-Team All-ACC all four years.

[Geoff Dennis @GeoffDennis8]

@Neil_Irwin Sorry, Neil, you missed the point. The eruption of the virus and the full stop in the economy led S&P down 35%. Weak data is now discounted. Any ‘bending the curve’ is good news: hence the rally. New lows now only on worse than expected macro or a 2nd virus wave.

[Geoff Dennis @GeoffDennis8]

@crmiller1 . Chris, you have to get your data right. The Goldman forecast of -34% in Q2 GDP is not year-over-year (that, indeed, would be very bad). It is Q2/Q1 annualized, i.e. roughly -8.5% GDP in Q2 v. Q1 x 4 (the annualized bit). An economist, like me, could help you in this.

[Geoff Dennis @GeoffDennis8]

@CurranSM I can see that straight bat, already Sam.

[Geoff Dennis @GeoffDennis8]

Will the US government shutdown end before the Brexit issue is resolved? Two paralyzed developed market governments.

[Geoff Dennis @GeoffDennis8]

@RichardHaass Completely agree. See my new Tweet.

[Geoff Dennis @GeoffDennis8]

Summary of my LinkedIn post today. A new vote with the correct Brexit 'facts' is the only honest way out. This may require failure of a new 'softer' Brexit plan; delay of 'Brexit day' (29/3/19); announcement of a new referendum, in which the UK votes to Remain. Brexit dies!

[Geoff Dennis @GeoffDennis8]

Just watched John Barrosso’s (GOP Senator, Wyoming) hit on MTP on Sunday. A prime example of failure to answer almost all Chuck Todd’s questions, esp. on NAFTA. Quit the pressure on Merkel. Also, when will some GOP Senators stand up to the President’s lying and dissembling?

[Geoff Dennis @GeoffDennis8]

@washingtonpost The armistice was signed at 11am on 11/11 signaling the end of a war that arguably 'caused' most of the subsequent (mainly horrific) events in Europe over most of the rest of the 20th century. We should remember everyone who sacrificed their lives in a completely stupid war.