Latest / Blain's Morning Porridge
Inflation, Rates and Economic History provide clues on the Outlook
Blain’s Morning Porridge 8th Sept, 2026
“If I was trying to get to there, I would not be starting from here.”
The coming year is likely to be shaped by higher inflation from energy and El Nino, rising interest rates, “policy-mistake” risks, and revaluation risks as capital markets adapt to rate normalisation. Looming over it all be political noise. Understanding where we are, how we got here and what happens next will be critical.
Key Takeaways:
Inflation is likely to remain “elevated” through 2027 – leading to multiple market consequences and revaluation threat.
Interest rates will likely…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.