European equity benchmarks are set to open the week marginally lower from Friday’s closing prices, with risk appetite softer in sympathy of tapering momentum. Investors are balancing improving fundamentals with a potential shift to the supply of money, something the market has dealt with two times before in only the last four years. The battle…
There are just three primary issues for the equity markets as we close out the year as far as I am concerned. The first is will Santa make his regular occurrence in the second half of December. The Santa rally refers to the trading days running upto the festive break. The second issue is that…
Risers: ARM Holdings +5.61% Arm Holdings has today expanded their position in the graphics industry through the acquisition of ANGLE’s (+1.89%) computer games graphic business Geomerics. The £6.2m deal will be paid in two sums, £5.5m being paid immediately and then a further £700,000 payable on 12 Dec 2015. The deal will be the first time ARM…
CLICK THE IMAGE ABOVE TO VIEW As if deflation worries were not enough, it would appear that every time Gold or Silver look set for a rally the doomsters of Tapering strike home to nip the recovery in the bud – something which we have seen once again this week. Gold: Limited bounce off falling…
While the distractions of the Japanese currency collapse, the resultant nominal offsetting surge in the value of the Japanese stock market, the doubling of the Japanese monetary base and the BOJ’s monetization of 70% of Japan’s gross issuance have all been a welcome diversion in a society struggling with the catastrophic aftermath of the Fukushima…
Do you feel wealthier today compared to last year? According to the Federal Reserve, you should, as the household net worth of Americans rose 2.5% between the second and third quarters of 2013 for a total of $77.3 trillion. (Source: “Financial Accounts of the United States,” Federal Reserve, December 9, 2013.) The Federal Reserve…
Asian markets have responded to the bearish sentiment in the U.S & Europe by posting significant losses of its own. Asian stocks fell, with the regional benchmark index extending its second weekly loss, as improving U.S. economic data boosted bets the Federal Reserve will reduce stimulus as early as next week. However, Japan’s Topix index has risen 44 percent…
We’ve recently been treated to two mutually exclusive forecasts: that the Great Bull Market will run until 2016 or 2018, so no worries; and that markets are exhibiting bubble-like characteristics that presage another crash. So which forecast is more likely the correct one? Analysts of every stripe—fundamental, quantitative and technical—pump out reams of data and…
This week’s Investor’s Intelligence poll nearly tips over with bulls – the Bulls minus Bears read rising to a nose-bleed 43.9%, the 96th percentile of reads going back to 1972. In fact this measure is the highest since just before the crash of 87… 2 tables will vie for supremacy over the next few weeks. …
After several tumultuous years of political and economic instability, Greece is finally getting back on track, at least according to publicity from the incumbent government over their budget surplus. It seems they are close to balancing public accounts as the budget deficit turned into a primary surplus and revenues, for once, exceeded expenditures, albeit before…
