No sooner had the issue of the FOMC ‘non taper’ been addressed and attention shifted to the overnight/early morning Asian session, in which the BOJ governor stated his belief that the current monetary easing programme the BOJ are engaged in, is having a positive effect in the economy. If that belief is contained to creating […]
So dear reader, did you feature in the recent Forbes 400 rich list when it was published earlier this week? No? Me neither, but we can’t really say it’s not for lack of trying, as despite our best efforts reaching that elevated position will always be out of reach. Having said that it’s a known
The Endless March Of The Billionaire Boys Club Read More »
The word “meme” was coined by Richard Dawkins in his 1976 book The Selfish Gene, as an attempt to explain the way cultural information spreads. Internet memes are a subset of this general meme concept specific to the culture and environment of the Internet. In 2013 Dawkins characterized an Internet meme as being a meme
Whilst the markets await the FOMC (Fed) decision this evening Greece state workers strike “Will the FOMC meeting result in a taper, if so by how much and for how long?” are the series of questions we’ll find the answers to this evening as the second day of the FOMC meeting begins at 7:30 PM
Mid morning London session update before the New York open Read More »
The IMF have published a fascinating paper this week, the title is “New Policies To Fend Off Financial Crises”. It’s notable that the IMF have chosen to use the plural word of “crisis”, acknowledging that the 2007/2008 crisis was not secular and that subsequently, the banking sector in the Western Hemisphere in particular, has experienced
European car sales slumped in the month of August, with the exception of the UK, whose bi-annual August new registration habit, helped boost figures to buck the trend. Sales in Cyprus tumbled by 40% so far this year, illustrating the impact of its bailout, in particular the capital controls which are restricting how much money
Germany ZEW Index Up As Europe’s Exports Rise, But The UK’s Trade Deficit Widens Read More »
Investors Concentrate On FOMC Meeting Over Next Two Days As ‘T Day’ Arrives So finally and after much debate, ‘T’ day could be here, ‘tapering day’. The volume of commentary published regarding; “will they won’t they, if so when?” has been considerable over recent months. However, during the latest two day meeting of the FOMC
Mid morning European session update pre the New York open Read More »
There is a phrase that’s often used in the UK when somebody states the obvious, the phrase has an expletive in it so we can’t post it in full. It’s a reference to the superb detective skills of the fictional character Sherlock Holmes, we’re sure you can guess the gap in the three word phrase;
Barack Obama, “the US economy is ‘not growing as fast as it should” Read More »
To many of us it still feels like yesterday; the 2008 banking collapse, that apparently caused the downfall of the global banking system, had its anniversary on Monday. It started with Lehman Brothers, causing a contagion, eventually bringing down other investment banks with it, whilst sending Western Hemisphere economies into a tailspin of immediate decline.
Five Years Later is the Smell of Lehman Brothers Still Leaving a Bad Odour? Read More »
Larry Summers steps back from Fed chair nomination, equities markets rally and dollar falls The news that Larry Summers does not want to be considered as the replacement for Ben Bernanke as the chairman of the USA Fed, once Bernanke retires in January 2014, caused many of the global equity indices and equity index futures
London trading session update before the New York open Read More »
