Asking the Right Questions
ECB monetary policy: key comments from Draghi
Following the European Central Bank’s latest monetary policy committee meeting, ECB President Mario Draghi reassured investors of his commitment to do more if needed to achieve “a sustained adjustment in the path of inflation consistent with its inflation aim”. Interest rates to stay low:…
Mind the gate on UK commercial property
Liquidity is defined as the degree to which an asset or security can be bought or sold in the market without affecting the asset’s price. Investors in UK commercial property funds have been given a lesson in liquidity over the last ten days, as…
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…
