The Markets UK CPI inflation fell to 0% for the first time in February, falling from from 0.3% in January, and exceeded analysts’ consensus forecasts. The falls came as the supermarket price battles wage on and fuel prices continue to decline. Bank of England Chief Economist Andy Haldane said last week that falling inflation…
by Frederik Vanhaverbeke In the latest of a new series for SBM Frederik Vanhaverbeke, author of Excess Returns: A comparative study of the methods of the world’s greatest investors, looks at how some of the world’s greatest investors are so successful. You make most of your money in a bear market, you just don’t realize…
Evil has given us permission to reproduce his letter to Martin Wheatley, Chief Executive of the FCA. As would be expected he doesn’t pull any punches, and it is well worth a read. 22nd March 2015 Martin Wheatley Esq., The FCA, Dear Mr Wheatley, I am not wasting my time in writing since here…
One of the peculiar joys of youth – let us say being under 25 – is that you question and/or reject almost everything you are told. This is especially the case if the source is an old person, e.g. over 40. What is interesting is that those who follow the financial markets and wish to…
By Robert Sutherland Smith Bottom picking – a habit your mother should have instructed out of you many moons ago – takes as they say, a long time. And so it has proved with Thomas Cook, once Britannia’s first mass, guided tour operator and now Europe’s second largest Anglo German holiday company. It confounds the…
The Markets The heads of the Greek and German governments have met this afternoon to discuss the terms of Greece’s bailout and fears that the country is running out of cash. Angela Merkel has promised that there will be no further cash without reforms, despite a recent EU pledge offering €2 billion to help…
Anybody trying to understand markets should be aware they are not about facts, but expectations, anticipations, and the myth of 20/20 foresight to determine what the facts are going to be tomorrow. That’s one of the reasons why markets are so mesmerizingly exciting – once you are hooked, you are literally hooked. As we draw…
Evil discusses Will Hutton’s Selling Off Britain… On Saturday evening I tuned in to concentrate on Will Hutton querying the absence of representation of the public interest when foreigners take over UK-based incorporations which Hutton thinks are of national significance. There is a considerable sympathy vote for such enquiry since various journos keep banging on…
Perhaps rather unusually amongst those who look at the stock market from a technical perspective, I do not place a great emphasis on volume backing price action. This is because of the somewhat cynical attitude, that over the short term many traders actually get it wrong. So, the biggest spikes in volume, both for buying…
Last Wednesday I commented upon Gate Ventures (GATE) noting that it is grotesquely overvalued in relation to its probable worth. Indeed on 12th March Gate itself pointed out that they are mystified by the rise in the share price. It had been floated only a couple of days previously. But I think Gate are coming…
