On this day in 1914, just 10 minutes before the New York Stock Exchange was scheduled to open, the governors of the exchange voted to close the stock market as fears of economic impacts of World War 1 mounted.

Thank you so much for subscribing to our Revue newsletter. It has been fun but actually, almost everybody prefers reading our stuff via email or on Medium. To that end, we are phasing out this Revue format.

Therefore, may I ask you to sign up for our Saturday email list instead? The Saturday email is free just like the Revue version, covering the same mix of topics.

Rather than worry about the state of the world - the rudderless incompetence of (well, insert here…is any reader going to deem their political class worthy of exclusion?) government in the current age could lead to a depressing outlook. (Thankfully we can continue to drive business almost entirely in spite of the blob).

On a much cheerier note, the Olympics are in town - well Tokyo city to geolocate precisely - but thanks to digitisation the Olympians are in everybody’s town now. It’s that quadrennial opportunity to watch sports nobody much thinks about for the rest of the 48 month period. Anyway great shocks so far - looking at the medal table I see Kosovo have 2 gold medals (I hadn’t realised stealing cars and cigarette smuggling were now Olympic sports - oh well it would make a truly modern pentathlon I suppose).*

*This is a joke, #srsly: their women won 2 golds in judo (thus cementing their future careers managing nightclub bouncers).

Anyway, so many great things to applaud and a lovely video which shows a masked singer of the best kind. Hidilyn Diaz was lifting water bottles just months ago as she trained in a Covid lockdown frustration. Elation doesn’t come close to her reaction at being the first ever Philippine gold medallist (typical - leave the job to men for a century, results nada - …takes a woman to get it done). If you want a cheering moment watch that mask move as Hidilyn Diaz belts out the Philippine national anthem.

In IPO-VID Podcast Episode 6: I discuss “The View From an Index Powerhouse” with former S&P Dow Jones Indices CEO Alex J. Matturri - enjoy!”

Awesome Nasdaq results as India’s IEX power market electrifies with their P&L statement. 

Meanwhile, even PLY has the occasional share of the headlines…

20 years on from the first fintech bestseller “Capital Market Revolution!“… "Victory Or Death” is a must-read book for anyone interested in the intersection of Blockchain, Cryptocurrency, and FinTech as part of the whole future of finance.

PLY: My first interview on my new Executive Director appointment at Valereum Blockchain (Aquis: VLRM), chatting with Zak Mir (recorded last Friday morning).

Red Cup Rebellion

Podcast Rebellion: SEC Expansion and Arch Manning. These two topics will be around for a while.

Spectator

Daily Telegraph

About 65 percent of the USA is now suffering from an “extreme” or “exceptional” dry period, the worst in 122 years by some way.

The Spectator

PLY: Herd immunity BTW clearly arriving in the UK. 

BTW, Wikipedia defines the first case as December 2019 in Wuhan which makes the epidemic now 21 months old. Note, epidemics generally don’t last beyond 24 months and are usually fading at 18 months (the latter would tally with the significant decrease in deaths - and the much much lower per capita death rate than the original - let alone the original hype which I said was wrong then. Death rates appear to have peaked at about 1% of patients, at most (half the Spanish flu of 1919). Moreover death rates have been declining for well over a year in the west despite the Delta variant scaremongering of media, big state and many quasi-Marxist control freaks in the health-epidemiology nomenklatura). 

Cato Institute

Scientific American

A soft robotic hand has finally achieved a historic accomplishment: beating the first level of Super Mario Bros. 

South China Morning Post

The New York Times

Tensions with the U.S. complicate matters, but China is such a vital part of global markets that its stocks and bonds belong in diversified portfolios.

Euromoney Magazine

Forbes

South China Morning Post

Astronomers recently saw something they’d never seen before: X-ray light emissions coming from directly behind the black hole at the centre of a distant galaxy.

PLY: Perhaps now we can understand the maths of Joe Biden’s economically illiterate presidency - he thinks there must be light at the end of a black hole of spending too.

Visual Capitalist

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Patrick.