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Dec 14, 11 •
4362 Views •
Market Commentaries •
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Comments Off on UK Unemployment Reaches Seventeen Year High
UK unemployment has hit a fresh 17-year high after the public sector shed thousands more jobs than anticipated and as many economists predicted the private sector failed to pick up the slack. Youth unemployment increased holding above the record high of over...
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Dec 14, 11 •
3579 Views •
Market Commentaries •
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Comments Off on Beware The Hot Air Of The Official Inflation Stats
There comes a time when we all begin to sound like our parents. As a father of three, with my teenage Daughter at university in the UK, I’m already a few years into my ‘metamorphosis’. I avoid coming across as a hypocrite and try not to...
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Dec 13, 11 •
16179 Views •
Market Commentaries •
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Comments Off on Markets Struggle To Find Direction As They Await The Next Rating Agencies Decisions
European equities have fluctuated in the morning session, following on from yesterday’s sell off as investors await a U.S. report that may show retail sales in the world’s largest economy increased. U.S. index futures have gained marginally, the SPX is up...
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Dec 13, 11 •
4733 Views •
Market Commentaries •
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2 Comments
The frozen planet series broadcast by the BBC network over recent months has been a revelation. The subject matter and the photography have been first class, the programme is currently one of the favourites amongst UK viewers. Those of us who need some peace...
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Dec 12, 11 •
4660 Views •
Market Commentaries •
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Comments Off on The Arrogance And Ignorance Of The Masters Of The Universe
As the UK’s FSA finally released their report on the downfall of RBS in the early hours of this morning many readers will be catapulted back to the days of 2008-2009 when the globe’s financial structure and system appeared to wobble on it’s...
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Dec 12, 11 •
5132 Views •
Market Commentaries •
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Comments Off on Doubts Remain And The Narrative Resumes Versus Europe's Solvency
European equities and U.S. equity futures have fallen in the morning session whilst the euro weakened as Moody’s Investors Service reported that it will review ratings for countries in the region post last week’s summit. The overall bearish mood has...
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Dec 9, 11 •
5255 Views •
Market Commentaries •
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1 Comment
Euro leaders will have been brought back down to earth with a harsh bump and reminded of the stark reality of the current situation as Moody’s downgraded the credit worthiness of the leading French banks. BNP Paribas SA, Societe Generale SA and Groupe...
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Dec 9, 11 •
4592 Views •
Market Commentaries •
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1 Comment
Despite its inevitability even political agnostics must hold their collective heads in their hands with regards to the British prime minister’s veto of the agreement reached on Friday morning by twenty three of Britain’s European peers and allies....
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Dec 8, 11 •
3554 Views •
Market Commentaries •
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Comments Off on Euro-vision doesn't require the European Extremely Large Telescope
When the European telescope initiative was launched and given the name the European Extremely Large Telescope I chuckled, in fact I had visions of ‘astro geeks’ rolling on the floor at the deliberate irony and forced ineptitude of the name; the...
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Dec 8, 11 •
5509 Views •
Market Commentaries •
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2 Comments
The Merkozy alliance appear immune to the noise outside of the insular tent created for them by their various Eurocrats and mandarins. The economy of Europe is on a knife-edge and their message continues to be centred on “fiscal discipline”. Paris...