New high! (Zzz.)
by“The FTSE 100 has at last topped the record it set at the close of 1999. Should Britons celebrate ? Probably not.” – John…
Indexes
When?
by“We are all at a wonderful ball where the champagne sparkles in every glass and soft laughter falls upon the summer air. We know,…
“We hate you guys but there is nothing much we can do”
by“Except for US Treasuries, what can you hold ? US Treasuries are the safe haven. For everyone, including China, it is the only option…..
Brave new world
by“Sir, Adair Turner suggests some version of monetary financing is the only way to break Japan’s deflation and deal with the debt overhang (“Print…
A black mark for benchmarks
by“Sir, So Ed Miliband “forgot” to mention the deficit. This from a man who was a key member of the team that ran up…
Back to the future
by“Sir, Arnaud Montebourg, the former French economy minister and the sourest note in the Hollande repertoire, dares to complain of “absurd” austerity policies ?…
Lessons in investment warfare
by“Let us learn our lessons. Never, never, never believe any war will be smooth and easy, or that anyone who embarks on that strange…