In last week’s newsletter, I said that what we are witnessing are the first steps towards a multi-polar world. One in which the decades-long alliances and international trade agreements no longer apply.

So, what’s been on the agenda of our “might makes right” US president this week? Look at the following headline.

‘Those who don’t study history are doomed to repeat it.’ It was the overriding thought I had when I saw the headline

Welcome to the most important year of this 18.6-year real estate cycle, 2026. It’s a critical year because we are close to the peak of the cycle.

And for this one, I thought I would bring you something memorable. One that will, during your own Christmas break, resonate and percolate around in your mind.

Once again, you just can’t keep him out of the news, can you? Although I assume he isn’t aware of the real estate cycle, this one is truly going to go down as the “Trump cycle”.

As we approach Xmas for the western world, many of you may decide to make the best use of that downtime and read a good book.

This week takes us back to the good old United States of America. For it’s there that we find some very interesting news.

How would you like to work and pay off a mortgage until you’re 104 years old? A rhetorical question – or is it?

Do you like playing the drums? I’m asking because I have one here too. And I will continue to beat the damn thing harder and harder as we go on.