Swen Lorenz

UK housing market sounds the starting gun on the first interest rate rises

UK housing market sounds the starting gun on the first interest rate rises

3 mins. to read

While the FED and the BoJ are still injecting “funny” money into their respective economies and certain of the European countries are urging the ECB to engage in “unsterilized” monetary easing, the BOE, under the control of Canadian Mark Carney, is preparing the ground for the next stage of the economic cycle. After nearly 6 years…

The Morning News Update with Tullow Oil, Petra Diamonds and Rangers International

The Morning News Update with Tullow Oil, Petra Diamonds and Rangers International

1 mins. to read

FTSE 100 AstraZeneca (AZN) – the majority of US Food and Drug Administration Anesthetic and Analgesic Drug Products Advisory Committee (AADPAC) members voted that the FDA should not require cardiovascular outcomes trials for the peripherally-acting mu-opioid receptor antagonist (PAMORA) class of drugs, which includes MOVANTIKTM (naloxegol oxalate), an investigational treatment for opioid-induced constipation (OIC) for patients…

The badger of broad street’s weekly ruminations…

The badger of broad street’s weekly ruminations…

3 mins. to read

What a fascinating week in the markets… Just a shame volumes are so thin. I’m very bullish on the UK after the strong employment data and I’m really not too concerned about the low wage inflation numbers, and which are perhaps a tad disappointing as it suggests most of the new jobs are minimum wage…

Calling for cash… an extract from the diaries of Evil Knievil

Calling for cash… an extract from the diaries of Evil Knievil

1 mins. to read

The man the Daily Mail dubbed “The King of the Short Sellers”, Evil Knievil (aka Simon Cawkwell) is Britain’s most feared bear-raider. A big man with a bigger reputation, Evil Knievil famously made £1mn by short selling shares in Northern Rock during its collapse. He also uses his knowledge and experience to buy shares, often…