With an 87 percent plunge in US stock market prices during the Great Depression, people across the nation were forced to queue for food and other essentials. It is a period of stock market history still studied by scholars of interest rates and equity returns. It is striking to me that in photos of the Great […]
The main four central banks and government treasury departments are happy to keep printing an unlimited amount of fiat money, further driving up debt which can never be repaid.
The series of account closures underlines the fact that there is a toxic culture at the top, just as we saw when those responsible for failure in the subprime credit crash and world banking crisis were rewarded – remaining unpunished to this day
Don’t forget to sell while you have profit. Have a clear price target and exit strategy before buying
Whilst heightened uncertainty and fear grips savers and investors in global financial markets, some unlikely bedfellows—namely China, Saudi Arabia, and Iran—are discussing a closer economic and strategic alliance: a direct repost to US foreign policy in the region. At the same time, the most powerful emerging economies (BRICS) have grown tired of living under the […]
I recall my first night in Vietnam, sipping a large whisky on the terrace of a hotel which had seen better times. A relic of French Colonial rule and now the only hotel in Saigon with a barman. It was September 1974. The few journalists that remained in the city and a handful of off-duty […]
As the fall and contagion from the recent failure of the crypto exchange FTX and its associated hedge fund Alameda Research reverberates around Wall Street and the Crypto markets, I feel it would be helpful to reassure our clients of how we hold crypto in our investment strategy. Most of the damage has been done […]
The financial market system is the key to the process of investing and raising capital to fund economic growth. Active liquid markets are necessary to provide investors with future cash flows in return for their capital. These allow investors to realise the present value of a future stream of income. However, are we now increasingly […]
Hyman Minsky, an economist in the early 1900s, like many others of his era, has largely been ignored and forgotten by the modern school of economic and monetary theory. Minsky largely dedicated his career to his “financial instability thesis” in which he predicted a form of corporatism where vast profits are privatised and vast losses […]
“Inflation is taxation without legislation” Milton Freidman The view of economists and investors of inflation is split. There is the camp that believes it will continue to rise and be sustained for the immediate future and beyond; and those who believe tightening of money through interest rate hikes by central banks, a recession and other […]
