28th January -- Taking a break
28 January 2010 - 12:24PM
Dear Readers, I am taking a break from blogging for the next 6 weeks, while I move abroad. Once I am settled, I will pick up again. It has certainly been a very interesting start to the year. Hopefully by the time I return we will know more about Obama's plans for overhauling the banking system. This remains the critical issue facing the econ
Article Tools :17th December Planning for Sterling weakness in 2010
17 December 2009 - 02:37PM
I've been keep a close eye on Sterling's movement over the last couple of weeks. Last week's Pre-Budget Report (or was that "Pre-Election" Report) gave us the latest warning sign of trouble ahead. Even with an election a mere 6 months away, Alastair Darling was forced to admit the extent to which public spending will be slashed in the coming ye
Tags: bail-out, Bank of England, Britain, Federal Reserve, Financials, General Election, MPC, Quantitative Easing, Sterling, TARPArticle Tools :30th November The Dubai Jitters
30 November 2009 - 06:44PM
The news that Dubai World (essentially the management company of Dubai) was going to seek an extension to credit terms was treated as being tantamount to a default by investors internationally and has generated a storm of media coverage. While I don't believe this is going to be the catalyst for a sustained Global sell-off in stocks this event does
Tags: credit crisis, Default, Dubai World, February 2007 sell-off, Government Debt, Iceland, Interest Rates, StocksArticle Tools :