Category Archives: Investing

Commodities: Is the super-cycle coming to an end?

Commodities have had a lengthy bull run, but the recent billion-pound flotation of commodities trader Glencore coincided with some weakness in commodities markets.  Is the much-heralded commodities super-cycle coming to an end? Here is the story so far: ……………………………………………………………………………………………………… 1. … Read More

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As housing markets are often a key to economic recovery both the UK and US have problems

For some time now I have been analysing and chronicling the travails and problems of the US housing market. Why? Well a recovery phase in an economy is often and one may even say usually driven by a recovery in … Read More

Posted in Economy, Investing | 34 Comments

It looks like the Greek can is about to be kicked a little further into the future

Whilst the UK and US were enjoying an extra bank holiday yesterday there was ever more news on Greece with Euro zone leaders again doing their negotiating in public and displaying that they do not agree on very much. Perhaps … Read More

Posted in Economy, Investing | 15 Comments

My critique of Adam Posen’s opinion piece in the Financial Times

Towards the end of last week Adam Posen who is a member of the UK’s Monetary Policy Committee wrote an opinion piece in the Financial Times. I wish to take the opportunity to offer a critique of his views and … Read More

Posted in Economy, Investing | 11 Comments

Russian Investment Opportunities: The Drivers and the Hidden Gems

From the world’s best performing index in the first three months of this year, to a laggard this quarter, the Russian index has offered dramatic returns as well as downside risk. What has driven investor sentiment and what are many … Read More

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For America it is the trend in unemployment claims that is more important than recorded economic growth

Over the past five weeks or so I have been recording economic numbers which have been showing something of a slowdown for the US economy. This is a concern on several counts. Firstly she remains the worlds largest economy and … Read More

Posted in Economy, Investing | 3 Comments

Just when Greece most needed leadership she has not been able to find it leaving default and the drachma on the table

One of the themes of the official response in the Euro zone to the economic tornado that is whipping through the peripheral members is that it is contradictory and confused and that reality is  denied. Over the past couple of days … Read More

Posted in Economy, Investing | 29 Comments

A question for the Bank of England, what is the true state of our banking sector?

The period of the credit crunch and indeed its aftermath was and is a difficult phase for the UK economy. We were exposed more than usual by two factors. The first is the fact that due to the size and … Read More

Posted in Economy, Investing | 10 Comments

The rise of the Swiss Franc has implications for Austria,Bulgaria, Hungary, Lithuania,Poland and Romania

One of the themes of this blog has been that politicians often engage in hyperbole and nearly as often in outright misrepresentation. Indeed I often quote from the apocryphal civil servant Sir Humphrey Appleby from the series Yes Minister who observed. … Read More

Posted in Economy, Investing | 26 Comments

Greece will run out of cash in July and exactly how insolvent is the European Central Bank?

For a weekend that was supposed to end in “rapture” there was a lot of bad news running up to it. Although I suppose the arrival of the four horsemen of the apocalypse would surely come with troubles aplenty.Either way … Read More

Posted in Economy, Investing | 15 Comments