Many are those scratching their heads at the ECB, trying to understand why is there no inflation and how the central bank can act to boost the economy towards healthy growth. But while they spend too much time digging in their neighbours’ backyard (aka the global economy) they’re the only ones to blame, as the…
Politics is the vision of the real world as if viewed through a mirror. The image it reflects back is dependent on the location and angle of the mirror, and of course any imperfections in its manufactured surface that might distort the object in its reflection as well as the lighting. It also depends on…
The FTSE 100 closed the day at 6,418.76, an increase of 43.94 points. The FTSE 250 rose by 78.93 points to finish at 17,082.74. The FTSE All Share climbed by 22.37 points to 3,509.53. The FTSE AIM All Share finished at 735.89, up by 3.00 points. Miner Glencore (GLEN) has announced that it will cut…
“So just as I want pilots on the planes that I fly, when it comes to monetary policy, I want to think that there is someone with sound judgement at the controls.” – Martin Feldstein The time when physical money will be made illegal is not that far away, as central banks have now exhausted…
A goodly number of stocks in the FTSE 100 are bearish just now, so I went to look for ones that are showing signs of doing well. If you’re managing a portfolio you need to balance the long with the short, even more so if you’re adopting a hedge fund approach. Hargreaves Lansdowne plc [HL.]…
The FTSE 100 closed the day at 6,374.82, an increase of 38.47 points. The FTSE 250 fell by 27.41 points to finish at 17,003.81. The FTSE All Share climbed by 15.91 points to 3,487.16. The FTSE AIM All Share finished at 732.22, down by 1.19 points. Paper specialist Mondi (MNDI) filed underlying profits of €221…
The FTSE 100 closed the day at 6,336.35, an increase of 10.19 points. The FTSE 250 fell by 101.60 points to finish at 17,031.22. The FTSE All Share climbed by 1.43 points to 3,471.25. The FTSE AIM All Share finished at 733.65, up by 0.10 points. Supermarket Tesco (TSCO) has reported that operating profits for…
For those that aren’t familiar with it, a leading indicator of economic activity is the PMI (Purchasing Managers Index) and each developed nation has at least one. China has two: one produced by the government, which is not to be relied upon as it adopts the Eastern cultural norm of being over-optimistic and denying failure…
The FTSE 100 closed the day at 6,298.92, an increase of 168.94 points. The FTSE 250 rose by 314.20 points to finish at 17,110.28. The FTSE All Share climbed by 80.55 points to 3,451.21. The FTSE AIM All Share finished at 733.70, up by 4.74 points. Engine manufacturer Rolls Royce (RR.) has announced plans to…
New Delhi, Thursday, 01 October 2015 I was driven from Indira Ghandi Airport early this morning through bright late summer sunshine. Thirty-three degrees Celsius; hazy pale diesel-heavy sky. VW execs must love it here. My second visit to this amazing country this year, I am almost beginning to feel like a regular. And yet…
