Disconnected from reality? Are elevated prices in U.S. markets showing a disconnect from reality? Is the free flowing Federal Reserve liquidity too easily available? Are central banks too eager to please? Are central bank fearful of failure? Do they really need to step in every time economies face a problem?Read More →
Germany’s economy stagnated in the 4th quarter Germany released GDP data today, 14th February 2020 for the 4th quarter, showing there was no growth in Q4 2019 and that the annualised rate of growth was just 0.4%. A report in the FT estimates that this will drag down growth inRead More →
Stocks up – shrug of coronavirus Stocks yet again set new records ignoring the potential threat of the coronavirus – (COVID-19). Despite the worrying number o uncertainties the virus brings with it, and there are many, stocks climb ever higher! This may be for a number of reasons:- Central banksRead More →
New records set – 10th February 2020 Wall Street’s S&P 500 index closed up at a new record high Monday of: 3352, virtually ignoring fears surrounding the coronavirus outbreak. Nasdaq set a new record too. S&P 500 closed up at an all time high of: 3352 Nasdaq closed up atRead More →
Shoulder shrug! U.S. markets have pretty much shrugged off everything that’s been thrown at it for some time now – and markets are likely ignoring the carnage the coronavirus could bring. It does seem utterly astonishing to me that U.S. markets are trading at near all time highs despite theRead More →
European stocks slide European stocks fell Friday as German industrial production slumped. Investors were also waiting for U.S. jobs data due for release Friday at: 13:30 GMT. The coronavirus concern remains high! Industrial data readings German industrial production came in far worse than expected, with a 3.5% drop in DecemberRead More →
China announced on Thursday 6th February 2020 that it will halve tariffs on hundreds of U.S. products. China is reported to have said that tariff reductions for the relevant goods will take effect from the 14th February 2020. They were initially announced on the 1st September. Global markets climb GlobalRead More →
Just the slightest hint of positive news is all it takes to push markets up, especially in the U.S. Global growth worries? For all the understandable worries about the impact of the coronavirus – global growth outlook has been improving, monetary policies remain fluid and the U.S. earnings season, soRead More →
Global futures surge and European stocks climb on reports from China of a new treatment for the coronavirus Coronavirus treatment? Unconfirmed report China Global Television Network (CGTN) – covering a report from China’s Changjiang daily, note researchers are reported to have discovered that a combination of two drugs, as aRead More →
The last date to buy a new petrol, diesel or hybrid car in the UK will be brought forward from 2040 to 2035 The change comes simply because 2040 would be too late if the UK wants to achieve its target of emitting virtually zero carbon by 2050. Simple mathsRead More →