Thoughts on Decision Making

“Life is a sum of all your choices” Albert Camus (French Philosopher) Decision making permeates our lives. At a personal level we make decisions on a daily basis in our social interactions. As well, the decisions of others, translated into their actions, can have…

Weekly Market Recap: December 15th 2014

Market Recap Global quity markets moved sharply lower last week, core government bonds were in demand and volatility jumped. While the slide in the price of oil continues to show little sign of letting up, adding to the unease among investors was the political…

Liverpool FC & Tesco Plc: now at rock bottom?

Being a fan of Liverpool FC must be a bit like how Warren Buffett feels with his investment in Tesco Plc. Just when you think things can’t get any worse, they do! After falling from a high of 335.75p in February, the share price…

US Federal Reserve: One Statement, Two Words!

With recent US data picking up, investors will be   gin to once again focus more on the timing of interest rate hikes and the implications for financial markets. While no change to monetary policy is expected investors will eye the wording of the Fed’s…

Environment set for Mario Draghi to get full-blown QE over the line…..

Global equity markets moved sharply lower last week, core government bonds were in demand and volatility jumped. Government bond yields in the Eurozone moved to new record lows. The German 10-Year government bond yield closed the week at 0.64%, while the yields on German bonds with…

Football, a microcosm of life

The legendary Bill Shankly famously said “Some people believe football is a matter of life and death, I am very disappointed with that attitude. I can assure you it is much, much more important than that”. Judging by my use of football analogies in…

Weekly Market Recap: Week of December 8th 2014

Market Recap Global equity markets continued to move higher last week, with many of the major equity indices closing at new record highs. The FTSE Eurofirst 300 was up 1.8% on Friday after better than expected US employment data while the German DAX index…

Better US Jobs data is now good news…..

In truth, the ECB press conference was anti-climactic and the real impetus for equities to move higher last week was the better than expected US employment situation report on Friday. Total nonfarm payroll employment increased by 321,000 in November, well above the consensus estimate…

Oil prices at a five year low, Russia in focus…..

In the commodity markets, the price of oil continues to move lower putting further pressure on the energy reliant economies hurt by a vicious cycle of declining oil revenues, currency devaluation and higher interest rates. Some form of government debt default by Venezuela is…

Draghi keeps the dream alive, “expected” is now “intended” but “not yet a target”

ECB President Mario Draghi kept the dream alive for the quantitative easing enthusiasts who believe that when all else fails, buy government bonds! The only real change in the ECB’s statement was the use of the word “intended” rather than “expected” in relation to…

Enjoy this blog? Please spread the word :)