Site Search

Blue origin's new Glenn rocket exploded on the launchpad during a hotfire test at launch complex 36.. not during flight.. on the ground.. before it even left the pad..FAA investigation now required before any resumption.. weeks to months of schedule slip minimum before a re-flight attempt is even possible.... IPO delay ?... Iran updates : Deal or No deal.. down to the details, always, cash and Lebanon.., details are hardening, Iran will sign peace with the US only if Washington wires $24B of frozen assets first. $12B on signing, $12B over the next 60 days, Trump and Co threatening Oamn, Qatar and pretty much anyone to sign what they want... signs he US empire is declining.., Russia overspends on Putin’s war in Ukraine by $28bn Markets : Exxon's just said oil inventories will hit "really, really low levels" in 2–3 weeks, Pimco Warns AI Data Centers Are Flooding Junk Bonds, $250 bill - are you sure ?..see below, Elliott wave : Bullish sentiment hits a 29-year extreme, A Company accidentally spent $500 million on Claude AI in one month after forgetting usage limits...mindboggling stuff..Morgan Stanley just doubled its European bank job cut forecast from 10% to 20% by 2030, roughly 400,000 roles, ABN Amro is cutting 20% of staff by 2028, HSBC is trimming 20,000 roles, Banks are spending today on the promise of tomorrow savings, That is bet, not plan Nothing sums up the death of accountability like the prospect of Nigel Farage in No 1 Has Peter Thiel ‘relocated’ to Argentina? What the NYT report really says #GOLD Ex-CIA official arrested after $40M in gold bars allegedly found inside his home Blue Origin's New Glenn rocket explodes in massive fireball during prelaunch test | Space Blue Origin rocket explosion rocks Florida's Space Coast US and Iran reach tentative deal, pending Trump's approval Totally normal ?.. Anthropic vaults to a $965 billion valuation with new funding as Claude demand surges Putin’s secret plan to fund the Ukraine war is building a $200,000,000,000 time bomb inside Russia’s banks Saxo's daily from Erik : Morning Brew May 29 2026 | Saxo Bank Switzerland Exxon warns oil inventories will hit dangerously low levels in weeks, forcing prices to shoot higher Pimco Says Junk Debt for Data Centers Diverging Into Two Markets - Bloomberg Trump administration prepares for proposed $250 bill with the president’s face on it Fact check: Has Peter Thiel ‘relocated’ to Argentina? What the NYT report really says Could be that Peter Thiel is cooking up a plan B for fleeing the United States and hunkering down in Argentina, an indicator perhaps of how bad he think it’s going to get for the new right and how dramatically JD Vance has failed as a viable political vehicle for Thiel’s agenda, probably just some sort of 'elite optionality to bugger off there if things go bad in the US of A.....imho'' Company accidentally spent $500 million on Claude AI in one month after forgetting usage limits - Tech Startups 🤣🤣🤦🤦 Uber burned their entire 2026 budget by April. Their COO said he can’t connect any of it to consumer features....A CTO told Axios employees were using enterprise AI to check the weather ....Microsoft canceled most Claude Code licenses because the token bill spiraled....so Companies are now laying people off to pay the AI bill. Not because AI replaced the work. Because the bill replaced the headcount. Ex-CIA official arrested after $40M in gold bars allegedly found inside his home - CBS NewIr Nothing sums up the death of accountability like the prospect of Nigel Farage in No 10 | George Monbiot | The Guardian Trump administration prepares for proposed $250 bill with the president’s face on it :-) If this goes forward — $250 bill with Trump's face on it. — Chinese will get a huge kick out of it. "250" (二百五， èrbǎiwǔ) is a common Chinese insult meaning a half-wit, a blockhead, a fool. Comedy writes itself. 笑死. Elliott Wave International on X: "Most investors see the S&P at all-time highs. Few notice what’s happening underneath the surface. The S&P just hit an all-time high while 5% of its stocks made new 52-week lows - that has only occurred 4 times in U.S. market history. July 1929. January 1973. December 1999. And https://t.co/LBGGs5aAhU" / X

Is Ai THAT good ? Starbucks, MSFT and Uber say 'nope'... (see below articles)....China adds AI chips to secure technology assessment list amid US curbs >> In plain English: American chips are being pushed out of China’s most sensitive procurement systems — party organs, government agencies, state-owned enterprises, and strategic public sectors, and China capital outflows stories, are flows heading into HK.. (Thread) Iran war updates : Trump asserted that no one nation would control the vital Strait of Hormuz waterway, highlighting a key sticking point in resolving the war with Iran. Hours later, American forces carried out airstrikes on an Iranian military site, as a resolution to the war that began nearly three months ago remains elusive despite recent optimism. A US official said the attacks were defensive and the US intends to maintain the existing ceasefire, Trump continues to suggest a deal with Iran is close, he finds himself caught between two extremes: Tehran’s demand for financial relief and an end to attacks, and pressure from Republican hawks to “finish the job” — or at least not to sign a bad deal, pressure is on for Trump to accept and declare any deal done..Trump painted himself in a corner by trashing JCPOA ("Obama deal") only to find out that his improvisations can only get a worse deal, yup we all know this.. Markets : Chart of the Week - Korea? For most investors the KOSPI is not the first index they check when they get to the desk, Eq a little softer Iran/US negotiation deadlock (Lebanon trivcky amongst other things..!), China’s yuan is rapidly eating into dollar dominance Goldman Sachs says RMB use in China-linked trade surged from 13% in 2019 to 30% last year, while cross-border yuan transactions exploded from 9 trillion yuan in 2017 to 64 trillion in 2024. Beijing sees the yuan's internationalization as strategic insurance — and the trend is only accelerating Elon Musk wants a SpaceX IPO valuing the company at upwards of $1.75 trillion >>> to get there he got the rules changed so that index funds, with millions of Americans' retirement savings, are forced to buy in #SpaceX IS AI that GOOD ?? ...maybe not ....these -3- say 'nope', -3- massive setbacks it seems.. and they will have to monetize ti all on current valuastions ?.. hummm Starbucks scraps AI inventory tool across North America: Reuters Microsoft Pulls the Plug on Claude Code Licenses: What Developers Need to Know | The Coders Blog | Home Uber AI Budget Blown: Claude Code Costs Hit $3.4B in 2026 | byteiota "Lex SpaceX"? Nasdaq changes index rules for Musk's IPO | heise online Iran-US-Israel War News Live: At Least 6 Killed In Israeli Strikes On Southern Lebanon - News18 China adds AI chips to secure technology assessment list amid US curbs | South China Morning Post Fed's Cook says inflation is moving in the wrong direction, but she's looking to hold rates steady Chart of the Week - Korea? - by Callum Thomas NEXTA on X: "🤖 AI turned out to be too expensive to replace humans Microsoft has started limiting employee access to Anthropic models and revoking Claude Code licenses. Uber is also cutting AI spending: the technology is becoming too expensive and failing to justify expectations. https://t.co/NAGNMNfHcG" / X Javier Blas on X: "Must read from @michalmei on how China has managed to reduce oil imports so sharply without (based on available data) tapping stocks. She offers an alternative to the ‘China-is-tapping-in-secret-its-SPR’ narrative, focusing on refinery yield shifts. 📑: https://t.co/XmH0RuFf1t" / X BP chair Manifold hits back at 'false' misconduct claims Can the US economy really afford $100 oil? – The Armchair Trader Arnaud Bertrand on X: "This is quite funny. There were these two stories over the past 24 hours: 1) "China is seeing massive capital outflows" 2) "Hong Kong overtakes Switzerland as hub for global offshore wealth" But it's actually one and the same story: China is seeing massive capital outflows BUT https://t.co/PHJDmeNlyC" / X

Iran, UKR-RU war updates : Europe is starting to think Putin will expand the war beyond Ukraine, President Trump’s Board Of Peace Fund Is Empty - FT, If some of you still had doubts that US "allies" are actively preparing for a US withdrawal from Asia, South Korea's president spelled it out clearly (Thread), Markets : Micron joins the $1trn club after UBS raises its price target from 525 to...1625 (not messing about with new price target !!), SO many headlines about the current 'NASDAQ, Ai bubble' being worse than any other (Thread -s), suddenly crude, gold, copper, silver...and yields all down (commodity sector cooling), FX nothing much going on as yields tend to move together though USDJPY near 160 may renew BoJ/MOF interest Ex-Credit Suisse Risk Chief has Swiss criminal case dismissed UBS Group AG’s Asia Pacific President Iqbal Khan said artificial intelligence will free up capacity and improve productivity but also have an impact on jobs. “If we can use that capacity to serve our clients better, gain more share of the wallet, grow faster, grow more, then the impact on costs and jobs is going to be less,” said Khan in an interview with Bloomberg Television Europe Is Starting to Think Putin Will Expand the War Beyond Ukraine - WSJ Eurointelligence | Geopolitics and economics from a European perspective India’s growth story: a long term perspective – The Armchair Trader 이재명 on X: "지금 우리는 그 어느 때보다 중대한 선택의 기로에 서 있습니다. 국제질서는 빠르게 재편되고 있으며, 안보 환경 또한 한 치 앞을 예측하기 어려울 만큼 급변하고 있습니다. 이러한 시대일수록 국가의 원칙과 방향은 더욱 분명해야 합니다. 자주국방은 더 이상 선택이 아닌, 국가의 존립과 국민의 https://t.co/KhXeSraVuh" / X If some of you still had doubts that US "allies" are actively preparing for a US withdrawal from Asia, here's South Korea's president spelling it out The timing of the impending crude crisis | Brookings Trump's board of peace fund yet to receive money from donors: FT Silver miners relative to gold miners appear to be on the verge of a significant breakout List of Technical Setups - Tavi Costa An international platform is entering the European market: more and more Europeans are becoming investors and receiving a stable income from $3,599 - what do experts think about this? Alex Mason 👁△ on X: "🚨 THIS IS THE END OF THE AI BUBBLE SpaceX, OpenAI, and Anthropic are all preparing to go public at the same time. $5.4T in combined capitalization. That is 8.4% of the entire S&P 500. The market needs $250B in fresh capital to absorb them. That money has to come from https://t.co/AvtDP6XuMK" / X Samantha LaDuc on X: "AI bulls gonna push it into 10, aren't they... BofA Hartnett writes: "consensus max bullish on Positioning & Profits, plus yields breaking up suggests some profit taking here; but no one cutting longs in stocks before historic IPOs and big top Policy tightening will come after https://t.co/BmESrKNsZK" / X The world’s biggest EV maker weans itself off supply-chain finance BYD for years used billions owed to suppliers as cheap financing to fund its rapid growth from a little-known component maker to a powerhouse reshaping the world’s auto industry. Now, Beijing is forcing it to clean up its books Why Micron stock surged to a new all-time high today UBS' Khan on China business, AI impact and Middle East (full interview) | Watch Ed Elson on X: "I read all 277 pages of SpaceX's IPO filing so you don't have to. Losses up 700%. Revenue decelerating. 107x price-to-sales multiple. It's a trainwreck. Full breakdown below 👇" / X Going to be fascinating! Ex-Credit Suisse Risk Chief Has Swiss Criminal Case Dismissed - SWI swissinfo.ch Why, might one ask...

Pure Value Metrics AG is a Global Asset Manager based in Pfäffikon, Switzerland. We also provide Multi-Family Office Services specializing in Trusts for International investors Pure Value Metrics: Bespoke Managed Account Solutions Through managed accounts, with the assets held legally in your name at a Swiss bank custodian, we provide comprehensive tailored asset management solutions and innovative multi-family office services, including trusts. Relative Value investing anchored by detailed balance sheet analysis PVM is a Swiss based asset manager for Global Markets, with a unique Investment Matrix dynamic portfolio selection process, which involves targeting single value stocks and then taking a deep dive into their balance sheets for financial robustness and then assessing their relative value both against their competitors and themselves, to determine the investment entry and exit point. PVM BITs BLOG Our daily round-up of Global Macro Market Trends and insightful news topics are offered with a free subscription Subscribe Blog Deal getting there.. Crude low 90's, equities higher, what else / DeepSeek 75% cheaper for ever / Uber COO on Ai spending SpaceX valuation! mindboggling, valuations don't matter, till they do / Iran 'deal', crude steady sub 100, markets ATH's Trump : close to a deal with Iran, crude softer again, risk rallies / China banned NVDA chip / EU PMI softer Media Apperances PVM CIO on CNBC PVM & Bloomberg on Global Macroeconomics Please reach out to discuss your requirements Contact us / Visit our office

Asset Management Using our unique relative value based Investment Matrix we build portfolios with superior analytical metrics, compared to mainstream equity indices. We currently have two different Portfolio offerings; firstly our classical Long only Global Equity model (suitable for all investors), and a Multi-Asset Class model, designed to generate additional alpha (suitable for Professional and Institutional clients only). We deliver discretionary portfolio management through individually segregated accounts held in your name. This flexible mandate empowers you to complement our core PVM Investment Matrix Portfolio by actively incorporating listed securities of your own selection. PVM Global Equity Long Strategy Type Long Only Global Equity Suitable for All Investors Focus Absolute return/low risk Minimum Investment 150k CHF 2025 Performance 2026 Performance (30. April) +21% +3.6% Performance over 10 years +102% More PVM Global Multi-Asset Strategy Type Multi-Asset Class Suitable for Qualified Investors Focus Absolute return Minimum Investment 250k CHF 2025 Performance 2026 Performance (30. April) + 26% +2.6% Performance over 10 years +170% More Our Investment Philosophy Investment Matrix Fundamental Design In 2015 we developed our dynamic Investment Matrix consisting of many fundamental variables, designed to identify value opportunities within Global Equities. Our Investment Matrix is constructed to identify and establish sustainable value. There are many reasons why that value may also not be sustainable, such as changing consumer sentiment or spending more on share buybacks than current cashflow permits, the PVM Investment Matrix reacts to these changes. Algorithmic Processes Systematic Throughout We utilise proprietary algorithmic screening, with a high degree of automation, to analyse the global equity universe, monitor our Clients' Portfolios, and identify new opportunities. Furthermore, we use algorithmic execution tools when buying and selling our clients' portfolios, where appropriate. Qualitative Rationale Deeper Understanding Driven by deep analysis of balance sheets and employing further levels of qualitative analysis, results in a thorough understanding of the companies we invest in. We consider factors, such as; the mix of Goodwill and Intangibles to Net Equity, tracking deviations from recognized Accounting Standards and taking a broader view of the global economic landscape. Robust Returns, less Risk Better Together The combination of quantitative systematic analysis, overlaid with qualitative reviews and active management within clearly defined parameters, results in an investment model which is both robust and not easy to replicate. Stable returns are achieved by taking less investment risk, at higher valuations. Investment Process We believe that an uncompromising investment process is a key component in delivering consistent returns.