Economics & Markets

Tuesday’s Stock Market Report featuring IAG, Antofagasta, Micro Focus International and AdEPT Telecom

Tuesday’s Stock Market Report featuring IAG, Antofagasta, Micro Focus International and AdEPT Telecom

3 mins. to read

The Markets Activity in the UK services sector accelerated during March according to the latest PMI survey data, which suggested the sector experienced its quickest rate of expansion since August. Markit, which carries out the industrial surveys, said that results for the first three months indicated UK GDP growth of 0.7%, which would be a…

Get Ready for an Emerging Markets Crisis

Get Ready for an Emerging Markets Crisis

8 mins. to read

Planting the Seeds The financial crisis of 2007-2009 is often seen as one of the worst ever crises faced by the US economy. The capitalisation of the S&P 500 was halved, the unemployment rate was doubled, and the Federal Reserve had to go out of bounds in rescuing the economy to avoid the collapse of…

Foot Soldiers in Practice

Foot Soldiers in Practice

4 mins. to read

As my contribution to this first edition of Master Investor, I have decided to clarify some points concerning regulation of AIM. This is partly because it is not understood and partly because it is complex and unusual. AIM is a division or franchise (as the LSE likes to promote it) of the London Stock Exchange.…

Mellon on the Markets – Europe’s Phoney Recovery

Mellon on the Markets – Europe’s Phoney Recovery

8 mins. to read

Jim’s top 3 thoughts of the month: 1 – QE will not successfully stimulate European economies. 2 – After making 130% on Apple, I would now go short. 3 – Synergy Pharma as trading buy. I am writing this in my flat in Berlin, looking out over the Reichstag, scene of heavy fighting at the…

The Fed’s View On Price Stability

The Fed’s View On Price Stability

8 mins. to read

Economic analysis by Filipe R. Costa Long gone are the days when central banks used to target monetary aggregates in order to attain price stability. Until the early 1990s, central banks thought the correlation between the money supply and inflation was strong enough for them to be able to define as their intermediate objectives some…

Share Repurchases – The silent QE4

Share Repurchases – The silent QE4

5 mins. to read

Every time I look at the chart below, I have mixed feelings and I am not sure which of them dominates. On one side, I am delighted with the spectacular rise in equities seen since 2009. In just six years, the market fully recovered from losses that pushed the S&P 500 back to its 1996…

The budget that won the tories the general election

The budget that won the tories the general election

2 mins. to read

Like anyone with a degree of pragmatism, I usually wait until the financial press have gathered all the data of the Budget before taking a view on what it has actually served up. Indeed, the usual situation is that unless you are a masochistic drinker or driver, it is best to avoid the whole event.…

Wednesday’s stock market report

Wednesday’s stock market report

8 mins. to read

The Markets In what may potentially be his final Budget Chancellor George Osborne delivered a generally well received set of tax changes and a raft of boosts for investors. Highlights of the speech included a further relaxation of pension rules from April next year, which will allow up to five million pensioners to swap their…