Money machines Central banks have been pumping money into their respective economies around the world. But it can’t go on forever, and at some point economies will have to learn to stand on their own two feet again. It won’t be easy. Coming out of lockdown Countries around the worldRead More →
Persoanal loans Personal borrowing through loans last month was 14% higher than in December 2018 according to data released by UK Finance. Credit cards Credit card spending climbed 7.3% over the year to £11.8 billion in December 2018. Borrowing on cards is currently growing at 2.4% a year. Residential mortgagesRead More →
Last week the Washington based World Bank published its bi-annual Global Economic Prospectus. Debt accumulation They point out that over the last 50 years the world has seen 4 waves of debt accumulation and that the latest one, which started in 2010 was ‘’the largest, fastest and most broad-based increase’’Read More →
Or should that be indices U.S. stocks have shown remarkable resilience in recent years. All rise They have all climbed ever higher, breaking new records despite many uncertainties circling the U.S. economy such as, Trump’s impeachment, allegations of election shenanigans, allegations of model payoffs, recessionary fears, inverted yield curves, droneRead More →
Before Friday, U.S stock markets were still in a very bullish mood after stellar gains in 2019. After a recent number of positive data sets such as good employment, good company reports, revised GDP (up) and the Fed’s helping hand, markets remained extremely bullish. The FOMO brigade took over pushingRead More →
The Institute of International Finance recently reported that global debt has now hit $250 trillion. That’s an awful lot of debt. When you see the word ‘trillion’ written down as a word, it doesn’t really convey just how big that number really is. Just take a look at that number again forRead More →
Opinion Are alarm bells ringing or is it just the usual general cyclical market noise? The overall concern to many investors and analysts at the moment is that the global economy has shifted from synchronised growth to one in which expansion is now decreasing. Many of the major countries aroundRead More →
It has been reported recently that the U.S. Federal Reserve is pumping billions of dollars into money markets and that we apparently have nothing to worry about? Bank liquidity Do you remember twelve years ago when the first financial crisis cracks started to emerge? One of them being a shortageRead More →
There is no quick fix to debt I’ve been there. I’ve lived it. I hate it. I never want to go back there again. Debt can spiral out of control, taking you down to the darkest depths of despair. It slowly eats away at your life! Don’t let it! YouRead More →