The Scottish Independence vote – a ‘yes’ could bring Government closer to the people

The vote in September is unlikely to be Yes for Independence – though the polls are closer now than a few months ago and there is a large undecided bloc.  However, I’ll be surprised if Scotland votes Yes especially as … Read More

Posted in British politics, Politics | Tagged , | Leave a comment

Update on markets

The purpose of this post is to show what is happening. So, the US $ is to collapse, so say the inflationistas, the gold bugs, the Anderson shelter types etc. Yet the $ index, against a generally accepted basket of … Read More

Posted in Asset Allocation, Developed markets, Emerging Markets, Equities, Investing, Markets, US equities, US Treasuries | 7 Comments

Does the Bank really think this week’s measures will be effective?

#Carneyge on house market The news from the Bank of England this week BANK OF ENGLAND FINANCIAL POLICY COMMITTEE TO CAP BULK OF HIGH LOAN-TO-INCOME MORTGAGES AND TOUGHENS UNDERWRITING STANDARDS TO SET FROM OCTOBER LOAN TO INCOME RATIO AT 4.5 … Read More

Posted in Bank of England, Banks, Buy to let, Debt, Economy, House Prices, Mark Carney, Personal Finance, Property, Quantitative Easing and Extraordinary Monetary Measures | Tagged , , , , | 4 Comments

Precious Metals Investing

The above is Silver.  Silver broke up out of its 1st and 2nd hurdles this week. The 2nd is the lower falling trend line, shown. It is a fair assumption it will close above this line tonight.  In other words, … Read More

Posted in Alternative investments, Asset Allocation, Commodities, Gold, Investing, Long term investment, Markets, Miners, Precious metals, Silver | Tagged , , , | Leave a comment

Global and UK house prices

The charts below show global house prices in relation to local incomes and historic rents.  Some of the prices are shockingly high, relative to reasonable economic comparators. This first one, shows prices to incomes. To explain the chart, Italian house … Read More

Posted in Buy to let, Depression, Economy, House Prices, UK economy, Wealth Management | Tagged , , , | 8 Comments

ECB cuts Base Rate. So what?

BBC website I won’t bore you with the minutiae just a couple of details: The ECB has cut the Base Rate by the staggering amount of, er, 0.1% to 0.15%. Also, banks depositing funds at their Central Bank (the ECB) … Read More

Posted in Bonds, Depression, ECB, Economy, Euro zone Crisis, European Central Bank, General Economics, Gilts, Quantitative Easing and Extraordinary Monetary Measures, Recession | Tagged , , , , , , , | 4 Comments

Media reports costs of living rises as Good News!

Some quotes from this BBC article – which no doubt – were repeated throughout the country all day and night yesterday: “Food sales during the late Easter holiday made a significant contribution to the overall figure, the ONS said. They … Read More

Posted in Bank of England, Budgeting, General Economics, Inflation, Quantitative Easing and Extraordinary Monetary Measures, Stagflation, UK Inflation Prospects and Issues | Tagged , , | Leave a comment

Sayanora ¥, Konichiwa Nikkei San

In 1989 The Nikkei index touched just short of 40,000. Today it’s around 14,000. There is an almost 100% inverse correlation in the relationship between the ¥ and the Japanese stock market.  Thus, as the ¥ rises then the Nikkei … Read More

Posted in Asia, Asset Allocation, Equities, Investing, Japan, Markets, Retirement, Value Investing, Wealth Management | Tagged , , | Leave a comment

What’s going on with the US$

The above is the index of the US $ against a basket of currencies, such as € (c 58% of index), £, CAN$, CHF (Swiss Franc) and Japanese ¥ and (strangely) Swedish Krona. As you can see the US$ was … Read More

Posted in Commodities, Currency, UK economy, Wealth Management | Leave a comment

Inflation? MEH! Rising interest rates? MEH!

I wrote, last week, how Government Bond yields have been falling and look as if they will continue to do so.  This suggests the Bond markets forecast, at least, falling inflation and, possibly, outright deflation. Why might they think this? … Read More

Posted in Asset Allocation, Bonds, China, Commodities, Developed markets, Equities, Financial Advice, FTSE 100, Gilts, Inflation, Markets, small cap shares, Wealth Management | Tagged , , | 7 Comments
Page 1 of 212