# credit markets (blogs) — RSS Amplifier Recent posts from the 1 feeds in the RSS Amplifier directory that cover credit markets. Page: Feed: --- ## [Should we be worrying about bonds? Or worrying about everything else…](https://morningporridge.com/blog/fiscal-monetary-policy/sovereign-debt/should-we-be-worrying-about-bonds-or-worrying-about-everything-else/) _2026-08-20 · Bill Blain · Blain's Morning Porridge_ With US debt about the breach $40 trillion, Scotty Bessent intervened to stem rising long-end yields. The market loved it, but the reality is that distorting interest rates has all kinds of consequences. That includes the risk an economy focused entirely on financial returns isn’t spotting or addressing real world threats to jobs, growth, conflict, the environment and climate. Maybe it’s time to… ## [The Rising Instability of the West is a Military Objective](https://morningporridge.com/blog/conflict/15955/) _2026-08-19 · Bill Blain · Blain's Morning Porridge_ The Chinese will be delighted. Western Economies are increasingly polarised and fractured. The US president calls anyone opposing him a “Communist”. The Right Wing threatens mass deportations, while the new emerging Populist Left is demanding redistribution and equality. Destabilising Western Democracies through fake news and disinformation is destroying the resilience of nations to resist. How… ## [Trump and the End of the American Era](https://morningporridge.com/blog/conflict/trump-and-the-end-of-the-american-era/) _2026-08-18 · Bill Blain · Blain's Morning Porridge_ 19 months of Donald J Trump have been extraordinary – the unravelling of alliances, the forever war with Iran, and the belated discovery that financial clout doesn’t translate into geopolitical power. While the Mid-terms may make Trump a lame-duck, the consequences of Trump will hamstring the USA for decades and colour a new economic reality. ## [AI Driven Markets and Liquidity May Part Company!](https://morningporridge.com/blog/capital-markets/ai-driven-markets-and-liquidity-may-part-company/) _2026-08-17 · Bill Blain · Blain's Morning Porridge_ The factor that’s enabled the extraordinary success and longevity of the AI bubble has been the willingness of the markets to finance it. What happens if the liquidity machine driving AI were to suddenly stop? As the limits of bond markets, private credit, and using insurance companies to park risk, become increasingly apparent – what would a liquidity event do to current markets? Ouch! ## [How Farage Lost the Clacton By-Election](https://morningporridge.com/blog/debt/uk-debt/how-farage-lost-the-clacton-by-election/) _2026-08-14 · Bill Blain · Blain's Morning Porridge_ Markets tend to regard Populist Politics as a threat. They risk destabilisation, dent stability and raise questions about competency. Although Nigel Farage won the Clacton by-election, his brand is badly damaged and that puts Reform in trouble. The question is whether the traditional parties can regain electoral prominence and put in place the necessary policies to repair Broken Britain’s… ## [Complexity in AI financing will not make the risks disappear.](https://morningporridge.com/blog/private-capital/complexity-in-ai-financing-will-not-make-the-risks-disappear/) _2026-08-13 · Bill Blain · Blain's Morning Porridge_ The AI infrastructure build out already dominates credit market funding. Now Nvidia will effectively securitise its chips to its market though a panel of private capital markets firms that lend it credibility. The worry is complex and appealing deal structures will simply hide the risks inherent in AI – and increase the likelihood of a correlated crash when something inevitably breaks. ## [Climate Change – The Conflict we may never win.](https://morningporridge.com/blog/geopolitics/climate-change/climate-change-the-conflict-we-may-never-win/) _2026-08-10 · Bill Blain · Blain's Morning Porridge_ 2026 looks likely to be the warmest year ever. Oceans are charged with energy to drive ever larger storm systems. Wildfires and droughts are ravaging the land. What if this is only the beginning? What if the climate is about to stage a chaotic breakout? Just how resilient will humanity be to a war with an implacable enemy that will give no quarter? What might it mean for the economy? ## [US Debt to Hit $40 Trillion. Does it matter?](https://morningporridge.com/blog/nations/usa/us-debt-to-hit-40-trillion-does-it-matter/) _2026-08-07 · Bill Blain · Blain's Morning Porridge_ The real strength of the US economy is not its military or the dollar’s exorbitant privilege, but the depth of its capital markets - which have financed the most successful economy in history. The risk is not how large the US deficit is, but how sustainable are America’s capital markets to mounting fiscal pressures, market shifts and geopolitical forces? ## [US Politics is becoming an investment risk](https://morningporridge.com/blog/government/democracy/us-politics-is-becoming-an-investment-risk/) _2026-08-06 · Bill Blain · Blain's Morning Porridge_ The tide of American Politics has turned dramatically extreme in recent days. The narrative is no longer about why Trump is haemorrhaging electoral support but has shifted to whether the Democrats can unite to win the Midterms in November and present a credible challenge to Trump’s MAGA successor in the 2028 presidential election. The coming gladiatorial contest between Right and Left populists… ## [How to Win Cowes Week Sailing….](https://morningporridge.com/blog/comment-miscellany/life-lessons/how-to-win-cowes-week-sailing/) _2026-08-05 · Bill Blain · Blain's Morning Porridge_ As we fearfully watch the markets as the liabilities and exaggerations of AI threaten to unravel, or ponder what games arch-manipulator Scotty Bessant is playing with the Yen… there are times to sit back and wonder what life is really all about? The answer is in doing what makes you happy. In my case its sailing… Instead of trying to explain markets, let me run through how the yacht I was sailing… ## [Watch Chovy Code Live (Sponsored)](https://crawlproof.com/a/h8Teh4Sfo0U5) _2026-08-05 · **Sponsored**_ Join live coding streams with real-time collaborative screen sharing, open source and free. ## [What Chance Burnham of fixing Broken Britain](https://morningporridge.com/blog/debt/uk-debt/what-chance-burnham-of-fixing-broken-britain/) _2026-07-31 · Bill Blain · Blain's Morning Porridge_ Fifty years of political dither leaves the UK looking broken. Faced with massive constrains from taxation and bond markets, there are limited choices from tinkering with spending while trying to look good enough ahead of the next election. Britain needs something more radical – and a complete reform of the system and process. ## [AI is dead. Long Live AI.](https://morningporridge.com/blog/tech/artificial-intelligence/ai-is-dead-long-live-ai-2/) _2026-07-29 · Bill Blain · Blain's Morning Porridge_ Markets are all-a-wobble as the AI revolution morphs from a picks and shovels Klondike into a “who is going to make most money” proposition. About time. Who will be the winners and losers in the long-term. In the short-term there is going to be pain and losses as the current high-water retreats. ## [Investing in UK Defence to Grow the Economy and protect the Nation.](https://morningporridge.com/blog/capital-markets/investing-in-uk-defence-to-grow-the-economy-and-protect-the-nation/) _2026-07-27 · Bill Blain · Blain's Morning Porridge_ The UK has 6 relatively new “mega” Local Government Pension Schemes. They are investing in the UK and globally. But are they focused on the right things? Less than 10% of their significant PE assets are managed by UK based firms. They are giving their money to US firms – further deepening the negative feedback loop diminishing UK capital markets. ## [The Judder Moment in Oil, AI and the Presidency…](https://morningporridge.com/blog/investments/markets/the-judder-moment-in-oil-ai-and-the-presidency/) _2026-07-24 · Bill Blain · Blain's Morning Porridge_ The next few months are going to get interesting as markets react to the ongoing mess that is the Gulf, rising oil prices, wobbling stocks, rising bond yields, broken supply chains, and the reassessment of the AI “revolution”. Meanwhile, the US political cycle goes into the Mid-Terms. I would suggest everyone reads Regime Change, the new book on Imperial Trump, to understand what the last 18…