Asking the Right Questions
The Greek drama intensified last week causing markets to move erratically. The on-again, off-again deal between Greece and its creditors is fraying on investors’ nerves as the ending is becoming way too close to call. Early week gains on news that an agreement was…
Radio interview with Ciara Plunkett on Kildare Focus: http://www.kfmradio.com/content/kildare-focus
Our peers in the financial services industry in London may not have been that familiar with ‘the Irish Invesco’. However, on Saturday at Stamford Bridge, home of Chelsea FC, that all changed as our team of ‘proper footballers’ began the group stage of the…
This article featured as an opinion piece in the Journal.ie on June 3rd 2015: http://www.thejournal.ie/readme/obesity-crisis-fat-tax-opinion-2138899-Jun2015/ THE WORLD HEALTH Organisation released a report at the start of last month warning that Ireland is moving up to the top of the obesity table; on current trends we’re…
I spoke at an investment conference recently where the opening speaker referred to banks as parasites. For me, the word parasite conjures the image of a tapeworm slowly eating my insides (backpacking in Southeast Asia comes to mind), but the word is used derogatively…
The English premier league season came to a close yesterday, one that Liverpool fans like myself will be keen to forget. As a fan, I am the equivalent of that guy who has been saying for years that government bond yields can’t go any…
The real story of the week came from the European Central Bank (ECB). On Monday evening, Benoît Cœuré, Member of the Executive Board of the ECB, gave a speech at an invitation-only conference, attended by hedge fund managers, where he informed guests that the…
The Irish Association of Pension Funds (IAPF) recently commissioned a national survey, conducted by IReach, to explore the level of engagement in retirement planning in Ireland and to examine “whether people are being realistic as to their expectations for retirement age”. Their conclusion, and…
A discussion on the mortgage crisis with Dolores Martyn, host of “The Bottom Line” show on Northern Sound http://media.northernsound.ie/mediamanager/embed/player/podcasts/42/item/41318
The nature of markets, in particular the herd mentality often exhibited, flies in the face of the efficient market hypothesis and the notion of an efficiently priced market. Efficiently priced doesn’t necessarily mean fairly priced; as we’ve seen over time, asset prices can move…