Meteoric stock markets crash back to reality After the prolonged period of calmly up-trending stock markets (see chart above) the market correction that occurred over the last 10 days was perhaps overdue and did not come entirely unexpected as regular readers will know. As I wrote in my stock market assessment email on Tuesday, many… Read more »
Good news turns bad news – again Globally, stock markets finished one of the best Januaries on record only to start February with their worst week for two years. Of course, from a UK investor or rather £-Sterling perspective January 2018 was not such a great month, which is why we are this month presenting… Read more »
Surprises Stocks around the globe rose for yet another week while the US$ continued its downward trend. What made the week interesting, however was the change in direction of some variables that many had not expected. In the UK, economic growth for the last quarter of 2017 positively surprised forecasters with a rate of 0.5%,… Read more »
US$ weakness versus Bitcoin and Carillion Across the mainstream media, the past week’s finance news was dominated by the collapse of construction conglomerate Carillion and the rapid fall of Bitcoin. However, the investment world was more transfixed by the continued fall of the US-Dollar (US$), which is occurring despite the US economy being the home… Read more »
Bullish sentiment begins to ring alarm bells The new year is starting up with a dynamic in global capital markets that even the bulk of the optimistic forecasts had not anticipated. This is somewhat at odds with the UK’s domestic situation where another miscalculation by the government’s leadership, resulted once again in the exact opposite… Read more »