To understand (or prevent) the next crisis, read ‘The Money Formula’

Do you want to know how the next financial crisis will arrive, and how it could be prevented? In that case, read “The Money Formula“, a book by Paul Wilmott and David Orrell published earlier this year.

It shows you, with mathematical precision, what the financial world did not learn from the previous crisis. It also shows why it is so difficult for the rest of the world to catch them out.

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Market moving info — week starting June 26, 2017

Here’s a summary of last week’s market moving news and a look ahead to the data, events and earnings reports that are likely to move the markets in the week starting June 26, 2017.

Last week:          

  • Negotiations on Britain’s withdrawal from the European Union started in Brussels amid warnings by both Chancellor of the Exchequer Philip Hammond and Bank of England Governor Mark Carney that a “soft” Brexit is needed in order to prevent a deep fall in living standards.

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Three theories about the Saudi-Qatar crisis

By Sourajit Aiyer

It is often said that money makes the world go round. Nowhere is this more ingrained than in the battles for oil, power and arms. The news of Saudi Arabia and its key allies severing connections with Qatar following the ongoing rift between the Gulf Cooperation Council (GCC) members shocked the world. Here are three theories about this issue.

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Market moving info — week starting June 19, 2017

Here’s a summary of last week’s market moving news and a look ahead to the data, events and earnings reports that are likely to move the markets in the week starting June 19, 2017.

Last week:          

  • Eurozone ministers approved the release of a new tranche of aid for Greece that will help the country avoid a new payment crisis in July, when it has to pay €7.0 billion worth of debt.

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The first half of the year was full of humbling lessons

What a spectacular lesson the first half of the year delivered for investors. At the beginning of the year, it looked like the UK’s vote to leave the European Union was a great idea: the eurozone seemed on the brink of disintegration.

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Market moving info — week starting June 12, 2017

Here’s a summary of last week’s market moving news and a look ahead to the data, events and earnings reports that are likely to move the markets in the week starting June 12, 2017.

Last week:          

  • The UK Conservative party lost the majority it had in parliament following snap elections called by Prime Minister Theresa May in a desire to strengthen her majority ahead of Brexit negotiations. The pound fell on the result as investors weighed the consequences, while the FTSE 100, dominated by exporting companies, rose.

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Home price inflation keeps going, deepening inequality

The financial repression that central banks started after the global financial crisis of 2007-2009 does not seem to be close to an end. The central banks argue that inflation has not come back to their target of around 2%, but their definition of inflation is flawed.

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Market moving info — week starting June 5, 2017

Here’s a summary of last week’s market moving news and a look ahead to the data, events and earnings reports that are likely to move the markets in the week starting June 5, 2017.

Last week:          

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European stocks are everybody’s darlings

The European Central Bank (ECB) will find itself the only game in town soon. It is the only major central bank still buying bonds hand over first, and therefore it is dictating the pace for private investors.

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Market moving info — week starting May 29, 2017

Here’s a summary of last week’s market moving news and a look ahead to the data, events and earnings reports that are likely to move the markets in the week starting May 29, 2017.

Last week:          

  • US economic growth data was revised to 1.2% in the first quarter from a previous estimate of 0.7%.
  • Around 24% of the electricity generated in the UK came from solar energy on Friday, a day of warm weather and clear, sunny skies.

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