One of the men that won the Nobel Prize for economics this year says that “bubbles look like this” and that he is “most worried about the boom in the U.S. stock market.” But you don’t have to be a Nobel Prize winner to see what is happening. It should be glaringly apparent to anyone with…
Below is the intro taken from this months edition of our magazine. So, current consensus wisdom is that the stock market is overvalued but that it has further to go in the near term due to seasonal effects, too much scepticism (a contrarian signal), outstanding short interest, low VIX measure etc etc… in fact, pretty…
By Zak Mir. For some strange reason I have a soft spot for the shares of the smaller oil and gas plays. There is rarely a dull moment with these stocks and the wild swings can be extremely invigorating. I love the intrigue and speculation that can go hand in hand with trading at this…
Speculating on AIM can be one hell of an emotional experience and, more often than not, leads to a great deal of wailing and gnashing of teeth. Try and enter into a reasoned debate on a bulletin board about anything to do with corporate risks of a particular company and, almost invariably, you get rounded…
By Filipe R. Costa Since the advent of Bitcoin, numerous other “alternative” electronic currencies have sprung up, such as Litecoin, Peercoin and Namecoin. Responding to market demand, these new introductions to the world of global exchange are a direct challenge to the hegemony of governments and banks in the control of money. Modern money…
Risers: SSE +0.23%, Centrica +0.2% The U.K’s biggest energy providers will cut customers’ gas and electricity prices to reflect regulatory changes, announced by the Government on Monday. The government has confirmed that all UK major energy suppliers will pass on the savings to their customers. Free home insulation to low-income households will be slowed down…
By Dominic Picarda. While traders often casually refer to any upside that happens in the month of December as a “Santa Claus rally,” that name strictly refers to gains in the festive week itself. Early December, by contrast, has often seen the indices give up ground, rather than capturing it. My stance on the stock…
So many traders think the key to investment riches lies in buying at the bottom or selling at the top. Such a fine but misguided notion. The cold reality is that unless one has (illegal) inside information, you will only transact at these locations by pure happenstance. The best managers can enter a position in…
The Fed is busy doing everything in its considerable power to get credit (that is, debt) growing again so that we can get back to what it considers to be “normal.” But the problem is that the recent past was not normal. You may have already seen this next chart. It shows total debt in the U.S.…
