Judging from the chaotic scenes in the US Capitol building on 6th January, a strange year is being followed by a not conspicuously less strange one. Our brief being an investment brief, we focus here not on politics but on the financial markets (assuming the two can be strictly separated, which as assumptions go may be somewhat implausible). As Grant’s Interest Rate Observer points out, perhaps the strangest market development of the year just gone was the extraordinary rise of Tesla.

Strange days indeed