This is the last Friday newsletter you will get in August. We may also cut out another day if there is nothing to say.
Yesterday here in London I lunched with a source on Greece who is about to hit the islands for a holiday to be followed by a meeting of the board of a company we recommend. He is surprisingly upbeat about the country’s prospects. So too, he told me, are members of the Greek royal family, led by the deposed king, all of whom are buying properties in the country (except His Majesty’s sister, Queen Sofia of Spain who already has lots of sunny vacation homes in Spain and is a current royal, not a pretender.)
The Greek royals are Saxe-Coburgs, related to Queen Victoria’s consort, Prince Albert, and indeed to the present Queen’s Elizabeth’s husband, Prince Philip. Later we all went to the National Gallery exhibit about art fakes and learned that Prince Albert first invented the idea of using science to study how paintings were made over the centuries.
My host did not mention company news as we are in a quiet period.
Meanwhile I am not going to try to predict employment numbers, that about which all Wall Street is holding its breath.
More for paid subscribers follows about Greece, Belgium, Britain, Chile, Israel, Denmark, and Canada.
