The world’s markets and media financial pages have been consumed by a single issue in recent weeks—the stand-off between debt-laden Greece and its international lenders over the conditions of any further bailout. For investors everywhere, both of the large institutional kind and individual participants, the story has been fast-paced and difficult to keep up with. […]
This weekend’s announcements that bail-out talks have stalled, the Greek government has called for a referendum on whether to reject or accept the terms on offer from the Eurozone, and the announcement that the ECB will cease to provide liquidity to Greek banks means that, barring any other surprises, the Greek debt boil is about […]
During the depths of euro crisis, the countries at the periphery of the Eurozone, with the greatest debts and weakest economies, became known collectively as the Piigs. They were Portugal, Italy, Ireland, Greece and Spain.
One of the more interesting myths in the investment world is that large financial institutions, with their access to mountains of data pored over by teams of staff economists, can determine where the markets are going and profit accordingly. Too many investors believe this even though, every year, we can go back to the confident […]
The Christmas break marks the mid-point for this government and thus Chancellor Osborne is due a half-term report. The usual phrases about trying harder, could do better or has failed to live up to his early promise could all be used with a degree of truth but none would really tell the whole story or […]