Equities received a modest boost in USA in late trading on Monday evening as news emerged that Italy is apparently courting China trying to get it to buy as much of it’s ‘junk’ as possible. Apparently these negotiations have been conducted ‘in camera’ for weeks but only now the news has leaked. Desperation or inspiration, […]
Italians Wooing Chinese to Buy Italian Bonds Read More »
Throughout the global financial maelstrom which has existed since 2007-2008 Australia has continually bucked the trend. Even the devastating series of floods experienced in Jan this year (2011) appeared to only temporarily knock the vast country from it’s gyroscopic reliance as a major world powerhouse. Australia’s per-capita GDP is higher than that of the UK,
Australia, why are the 'boom and gloom' merchants hovering and sharpening their knives? Read More »
The USA Congress estimates that the war waged in Afghanistan since ‘911’ has cost nearly $450 billion. That sum is equivalent to handing every Afghan man, woman and child $15,000. That sum is also 10 years of earnings for an average Afghan, according to U.N. estimates. That paradox is replicated in many of the fiscal
Economic paradox and the taboo of default Read More »
Can someone “do the math” as President Obama urged Congress? How do you re create the ten million jobs lost in the USA since 2007 with $447 billion of dollars? How do you pull these rabbits out of hats whilst keeping the debt ceiling under the radar, (which may be breached on Monday), the deficit
Now before you switch off having read the title thinking; " here we go, another 'happy-clappy' you can change the world type PMA trading article" that's not the intention, bear with me.. As individual traders we are (at heart) entrepreneurs, we often forget that simple fact, particularly when we get discouraged. We are running our
PMA, maintaining a Positive Mental Attitude regarding your positive expectancy Read More »
Since the Swiss national bank ‘took out’ a series of trading pairs with their determination to in effect ‘peg’ the franc, the CHF pairs have been virtually untradeable. Even from a potential position trade perspective many currency investors and speculators have been left scratching their heads as to where we go next… You’d struggle to
The Market Giveth and the Market Take Away Read More »
[quote]The power of compounding is the eighth wonder of the world[/quote] [quote]Insanity is doing the same thing over and over again but expecting different results[/quote] It's fascinating to consider how myths originate, for example, both of the two quotes above are attributed to Albert Einstein, however, the second quote might not be, credit could be
The best laid plans of mice and men…and the myth of compounding Read More »
The California Gold Rush of 1848–1855 began on January 24, 1848, when gold was found by James W. Marshall at Sutter’s Mill in Coloma, California. Approximately 300,000 people migrated to California from the rest of the United States and abroad to be part of the phenomena. Of that 300,000, approximately half arrived by sea and
There's snake-oil and then there's snake-oil Read More »
The new or rather renewed phrase on every bodies lips after yesterday’s stunning bombshell, (delivered with precise laser guidance by the Swiss central bank), is “currency wars”. Previously this phrase had been reserved for the supposed currency disagreements between the USA administration and Chinese officials. The accusation, that the Chinese were manipulating their currency to
The Swish of the Swiss Read More »
Most traders and speculators are prone to succumbing too and gravitating towards discussion forums. Trading gossip, news, getting advice, comparing methods and strategies, appraising services and brokers generally form the bulk of the discussion subject matter. Trading forums can provide a welcome break from trading, particularly if you are a day trader waiting for your
Playing the ball and not the man Read More »
