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 →
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 →
Facebook’s Libra cryptocurrency criticised at Senate hearing Facebook’s new cryptocurrency plan has come under attack at a U.S. Senate hearing. Politicians are calling the company ‘delusional’ and untrustworthy. The Senate officials had been grilling Facebook executive David Marcus over the tech giant’s intention to launch its own digital currency. FacebookRead More →
Best ‘name you will know‘ savings account (others are available) Please note… The information provided here is an opinion. It is NOT a recommendation and we DO NOT receive payments or ‘referral fees’ from the company in question – no affiliation. Just so you know. This information was generated onRead More →
Recognition Codebreaker and computer pioneer, Alan Turing will feature on the new design of the Bank of England’s £50 note. He is well known for his code-breaking work that proved vital to the Allies in World War Two. The Bank of England governor, Mark Carney said, ‘As the father ofRead 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 →
Sterling The value of sterling slipped Wednesday 3rd. July 2019 after the Bank of England warned that a global trade war and a no-deal Brexit were growing risks to the UK’s economy and may require a response. FTSE 100 The FTSE pushed up to touch 7620 in intra-day trading asRead More →
Bitcoin cryptocurrency volatility update Bitcoin volatility continues. The cryptocurrency fell to a low of around $9,800.00 on Tuesday (2nd. July 2019), that’s approximately a $4,400 drop from its most recent high of $14,200 (26th. June 2019). Bitcoin started its plummet on Wednesday, crashing nearly $2,000 in minutes as a problemRead More →
As U.S. markets closed Wednesday 26th June 2019 Bitcoin burst through $14,000.00 touching $14,200.00 – only to dramatically fall by $1,800.00 to $12,200.00 in minutes. Despite such a dramatic fall Bitcoin is still holding on to substantial gains at a 17 month high. But this incident does, however, demonstrate theRead More →
Gold continues its upwards march. Having now broken through $1,400.00 some analysts are suggesting gold may reach $1,600.00 this year. Usually gold increases in value as investors search for a perceived ‘safe haven’ during periods of market uncertainty.Read More →