Monthly Archives: August 2014

“Investment Advice from a Mob Boss”

CNBC, the business news channel, can make for painful watching most of the time. I usually keep it on mute, particularly for the US Squawk box show. However, this interview with Michael Franzene, former mob boss for the Colombo crime … Continue reading

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Would the real “Super Mario” please stand up?

In financial markets, it is Mario Draghi, the monotone Italian that heads the European Central Bank, who has earned the nickname “Super Mario”. However, another Italian, more befitting to the name “Super Mario”, has Liverpool fans including myself much more … Continue reading

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Weekly Market Recap: 25th August 2014

Market Recap The majority of the major equity indices closed in positive territory last week and demand for government bonds saw yields relatively unchanged, with   the main central bankers keeping the party going last week. Germany’s DAX equity index was … Continue reading

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When Bad News is Good News

Friday’s FT headline – “Stocks boosted by weak data” conveyed the general feeling in the markets that last week was another case of the ‘bad news is good news’, i.e. weak economic data will force central banks to keep monetary … Continue reading

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Weekly Market Recap: 19th August 2014

Market Recap Global equities were higher last week despite a raft of weaker than expected economic reports and no material improvement in the geopolitical landscape. The Eurozone economy recorded 0% GDP growth over the quarter while Japan posted the largest … Continue reading

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Bank of England Inflation Report

In his latest inflation report press conference, Mark Carney, Governor of the Bank of England (BOE), concluded that the UK economy “is returning to a semblance of normality”. The BOE have reduced their central estimate of “slack” in the economy … Continue reading

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Eurozone Economic Recovery & Pressure on the ECB

The flash estimate of second quarter GDP, published by Eurostat, showed that the Eurozone economy was flat in the second quarter after growing by a mere 0.2% in the first quarter. While many of the peripheral countries recorded faster growth … Continue reading

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ECB: Update on Intensive Preparatory work on ABS Purchases

As expected the European Central Bank (ECB) made no change to monetary policy, with Draghi reiterating the usual spiel that monetary policy will remain accommodative, inflation expectations remain in check and of course the Governing Council is “unanimous in its … Continue reading

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Premier League 2014/15: We go again!

While the world’s political leaders grapple for power, as they have always done and will always do, a more entertaining battle for supremacy kicks off on Saturday with the start of the 2014/15 Premier League season. The great thing about … Continue reading

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Buy Irish Property, you can’t lose?!

“Your house will be worth 20pc more by 2017 – ESRI” read the headline of an article in the Irish Independent last week referring to a paper released by the Economic Social and Research Institute (ESRI) entitled Bubble, Bubble Toil … Continue reading

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