Why are mortgages a hot topic today? Complaining about interest rates has become a national sport. Actually, it’s become an international sport. That’s because central…
The media’s coverage of the UK pension crisis continues to snowball. And rightly so, with the pension system, the pound and the government’s finances coming…
What is a stock buyback? What should companies do with their profits? Reinvest them in order to grow their operations and, thereby, future profits? Or…
How an investment has performed depends more on the timeframe you choose than the actual merit of the investment. Bitcoin is probably the best-performing investment…
In his absence, the UK went into complete meltdown, with the currency crashing, bonds plunging and political chaos unfolding. But what was behind all the chaos? Or should I say who?
Financial markets were jittery already. But then Credit Suisse’s credit default swaps started to blow out, signalling a rising probability of default. It’s all so…
We think of currency crises as being related to pegged exchange rates, emerging markets and foreign currency-denominated debt – things that don’t apply to the…
According to an economic theory called the Unholy Trinity, governments can only ever have two of the following three things: pegged exchange rates, independent monetary…
The bad news is becoming an all-encompassing blur. The new government’s budget is copping the blame for absolute carnage in the financial markets. We’ve hit…