SUMMARY. Problems with Greece, Spain, even Italy, are out in the open. It is the problem just out of sight which is most worrying – the lion in the long…
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SUMMARY. With bankers in disgrace, and central bankers fearful of a new crisis, will Churchill-style leadership be provided by an Italian comedian? You couldn’t make this up. P.S. the latest…
SUMMARY There is bad news and (for a change) quite a bit of good news. Our analysis suggests that stock markets are about to break down to levels representing significant…
SUMMARY. As with the same time last year, stock markets have risen in tandem with enthusiastic headlines proclaiming economic recovery, only for reality to rudely interrupt. Markets are now beginning…
SUMMARY. The markets have had a decent rally since the lows last October, spurred by vast money-printing by the world’s central banks. But recent history suggests it is no more…
SUMMARY. Did you spot the headlines last week on co-ordinated action by the world’s central banks to help the eurozone? This was not a solution, but it has bought a…
SUMMARY The outcome of eurozone summit last week was merely disappointing rather than apocalyptic. Markets bounced strongly. But don’t hold your breath, it’s already unravelling. October was a fascinating month….
SUMMARY George Soros blames the markets for the woes of indebted economies, but the reality is that the world (at least a large part of it) has fundamentally changed, and markets…
SUMMARY Markets have been unfolding much as we expected. The worst of the Eurozone crisis lies ahead, and the global implications of that alone can undermine whatever Obama and his…
SUMMARY The UK stock market is headed towards our target of 4800 as we write, and the global markets are falling in tandem. It is time to start building a…
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