markets
31 Mar 2009 [0 Comments | 65 views]
oil
31 Mar 2009 [0 Comments | 42 views]
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FTSE
31 Mar 2009 [0 Comments | 47 views]
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Is property crash nearing end?
31 Mar 2009 [2 Comments | 73 views]
It’s a shame it isn’t tomorrow, then when you read the article below you would be left uncertain as to whether it was an April Fool's Day joke.
But it is no joke. The last few days have seen the strongest evidence to date that the great property crash of 2008/09 may be drawing to an end.
That is not to say house prices won’t continue to fall. But the latest set of data from several different sources does seem to imply the end is in sight.
As ever with the property market,
G20 build up: G20 cynicism
31 Mar 2009 [0 Comments | 81 views]
A consensus seems to be building on what the G20 will achieve. The consensus seems to be that it will achieve nothing. But it goes further. A growing chorus of voices is saying that if it does achieve nothing, it will be a good thing too. Politicians only ever make things worse.
Meanwhile, the French President seems to want to appease the G20 critics. If you want nothing, he seems determined to grant that wish.
But they are wrong.
Obama slams US car industry
31 Mar 2009 [0 Comments | 70 views]
Well, no one can argue Rick Wagoner hasn’t gone down in style. He had ruled the roost at GM for years. He was appointed chief finance officer in 1991. In 2000 he became chief executive, in 2003 he combined the role of chief exec with chairman. And in that time he has seen GM fall from being one of the world’s biggest companies, a powerhouse symbolizing the strength of corporate America, to a quivering wreck of a company.
No one likes to be fired, but if it is going to happen, then why not go for it. The man whose decision it was that Mr Wagoner had to go, was no other than Barack Obama.
It might almost look good on a CV. Under the heading: Why did you leave your last job? you answer, the President of the USA sacked me.
But actually, Mr Obama is not happy. He has slammed the
Europe’s decline accelerates
31 Mar 2009 [0 Comments | 85 views]
The last 24 hours have seen four major stories develop on the declining fortunes of Europe. Turkey is the latest economy to hit the buffers, and the news out this morning really is disturbing.
Meanwhile, things seem to be going from bad to worse in Ireland, unemployment is mounting in Germany, while in the Eurozone, the news out this morning seems to make it pretty clear that deflation is on its way.
markets
30 Mar 2009 [0 Comments | 60 views]
oil
30 Mar 2009 [0 Comments | 44 views]
[TABLE=5]
FTSE
30 Mar 2009 [0 Comments | 55 views]
[TABLE=1]