IGNORE pundits who attempt to predict gyrating markets. Some, such as The Guardian’s economics writer, are claiming that ups and downs could be a signal for another 1929-type Great Crash; others on CNBC and Bloomberg TV are telling readers to … Read the rest
Danger spots beyond the eurozone
Events in China, Iran, Mid-East, and the US presidential polls could eclipse the EU crisis
GLOBAL market participants have become so euro-centric that broader economic and geopolitical risks have been placed on the back burner. Despite … Read the rest
Why markets are now so difficult to forecast
June 2011 Predictions are a waste of time in today’s volatile global markets. Rather than follow usually wrong central bank prognosis, economists’ forecasts, chartists’ configurations or charlatan soothsayers, it is safer to assess the situation on the basis of what … Read the rest