CHAIRMAN'S LETTER 009 · 21 SEPTEMBER 2026
RELIEF,
AT CURRENT RATES.
Stonkholders,
Oil supply fears have eased and investors are buying AI again. Bitcoin is joining the recovery. The harder question is whether anything more lasting has changed.
There is enough here to take the recovery seriously. We would be more comfortable once some of the expected relief arrives in the form of lower costs, delivered supply and buyers who stay.
Continue reading Letter 009 →Previously: Chairman's Brief 013 →Previously: Chairman's Letter 008 →Visit the Chairman's Office






