Weekly Market Update: June 28th 2016

Financial market participants endured another volatile week, from the Monday exuberance that saw the major European equity indices rally more than 3% as markets priced little chance of BREXIT, to the all-out panic on Friday after the surprise news broke that Britain had voted…

BREXIT – The certainty of forecasts

I found it interesting to hear former Governor of the Bank of England, Mervyn King, be so critical of the British Government and the Treasury for their “scaremongering tactics”. In an interview with the BBC (see clip), he urged calm after what he called…

Thoughts on BREXIT, breaking up with Europe

Sacré bleu! Hearts are breaking across Europe, as the European establishment has been jolted by the surprise result that Britain has voted to leave. As one might expect the initial reaction has been an emotional one, the innate fight-or-flight response of market participants has…

Weekly Market Update: June 20th 2016

Market Recap Global equity markets endured a volatile week as the British referendum on whether to remain or exit the European Union dominated investor’s minds.  A rally across risk assets on Friday provided a small amount of relief, but overall the major equity indices…

Weekly Market Update: June 7th 2016

Market Recap Global equity markets ended the week on a sour note as market participants were caught off guard by much weaker than expected monthly US jobs data from the Bureau of Labour Statistics. The sharp response across equity, bond and currency markets on…

Words of Wisdom from Muhammad Ali

Muhammad Ali once said that “It’s not bragging if you can back it up”. As the world reflects on the passing of a legend, and his 74 years on this planet, it is fair to say that Ali lived up to his claim “I…

Why are humans so intelligent? Helpless babies.

Relative to every other life form on earth, humans have an unrivalled intelligence. Why? This article from the Economist – “Human evolution: Of bairns and brains” – discusses an interesting theory from Steven Piantadosi and Celeste Kidd who suggest that “humans may have become…

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