Market Sentiment & Lateral Thoughts
THE vast majority of economists ignore the consequences of the Iraq and Afghanistan campaigns. Human and financial costs of the conflicts continue to grow even though the US and UK have been withdrawing, and are leaving the countries in … Read the rest
Market meltup was the buzz word of asset managers until recent days.
This is hardly surprising considering that shares on Wall Street and especially, Germany, France, Italy and even Greece surged in the second half of the year. The big
THE cost of bank misdeeds and poor conduct has multiplied to levels comparable to gross domestic products of Singapore, Greece and several other nations.
Between 2008 and the end of 2012 ten leading banks had to pay £148 billion ($243 … Read the rest
The big question is why gold has been lacklustre in the face of US political dysfunction and monetary ease, US dollar weakness, emerging currency upheaval and continued Middle Eastern concerns.
Since its peak of US$1921 … Read the rest