Italy……the birthplace of the “Treaties of Rome,” which ushered in the European Economic Community, also labelled as the “Common Market,” is a fitting place for the great and the good of the now “European Bureaucratic Monster” to celebrate its 60th anniversary this weekend. Originally attended in Rome on the 25th March 1957 by representatives from […]
“Shock and horror” this week as UK CPI inflation breeched the Bank of England’s target rate of 2% pa, a target that the bank has hardly ever met over the past couple of decades, whilst across “the pond” the financial media talking heads are seeing the current 2.7% annualised rate for US CPI as a […]
Optimates……is defined as the “nobility or aristocracy” who held power back in the Roman Empire times, aka patrician politicians, whereas the “Populares” were the people or the people’s party who favoured the cause of the plebeians (plebs or commoners) and in particularly the urban poor. The latter were in effect an opposition party which has […]
Hogging has a variety of definitions, including ones of a nature that wouldn’t be included within this column, but “Hogging It,” as in “taking or keeping too much for yourself and not sharing” is ideal. Not sharing took on a whole new meaning of late within the hallowed halls of the “Bank of England,” the […]
Old Mother Hubbard……went to the cupboard, to fetch her poor dog a bone, and when she arrived there, the cupboard was bare, and so the poor dog had none! Now replace cupboard with “Exchequer or Treasury” and dog with “the populations of ALL G7 nations,” and you will start to understand the real dilemma of […]
Our Investment Market Overview for the week ending 3rd March included the following comment on the Dow Jones Industrial Average, the “Dow”: “A mass of anecdotal market evidence that scream “overvalued,” such as excessive valuations; extreme bullish sentiment readings; historic lows of cash held within stock mutual-funds and excessive use of leverage, has been phenomenal, […]
“SNAP back”…. Was the chosen title of this week’s “knowledge share,” article, chosen to coincide with the debut of the latest tech-darling’s initial public offering, whilst “subtlety” trying to join up the dots in respect of identifying market bubbles, including possible tops. The pace of the labelled “Trump rally,” co-incidental that it is to the […]
Snapchat owners, SNAP Inc, will launch its eagerly-awaited $US3bn initial public offering (IPO) today, the latest tech darling set to create $Billions for the founders despite the company having never made a profit during its 5-year life, only widening losses put at $0.5BN for 2016. Furthermore, SNAP has given no promises on profits to new […]