Banking – After the devastating Sub-Prime Crisis, which has cost the world trillions of dollars’ worth of lost economic growth, destroyed millions of jobs and businesses, and burdened taxpayers with huge state debts that continue to mount, you would expect...
Equity Returns – Optimistic arguments about longer-term profits to be made in US shares are “deeply flawed” as they’re based on double-counting and circular reasoning, Brett Arends argues on Marketwatch. Future returns are extrapolated from past returns. But a...
Gold is making a comeback as money, despite a century of near-universal negativism about its future as a key element in global finance. Recently “its popularity as a medium of exchange for international transactions has been soaring,” reports the FT’s John Dizard,...
Planning Your Portfolio – All successful investors use heuristics to shape their strategic decisions, but it’s wrong to assume they are always correct. Wikipedia defines heuristics as “experienced-based techniques for problem solving.” However, it rightly warns...
“We can expect a blistering dollar rally,” Ambrose Evans-Pritchard predicts in the Daily Telegraph. He bases his forecast on the rapid improvement in the condition of the US economy that is likely to shift the central bank towards earlier, tougher tightening of its...
