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 […]