Investment & Business News Headlines

Basket-case UK gets waterproof bottom

The knives were being sharpened. Jim Rogers was at it, with the legendary investor calling the UK a basket case. On one side of the great divide we were told sterling would crash if the government didn’t slash spending immediately. The other half said sterling would crash if the government slashed spending too soon.

Business investment fell off the edge of a cliff last year, and now house prices are down. Sterling fell sharply yesterday. Some have predicted parity with the dollar. The only reason why they weren’t predicting a crash...Read More

Friday snippets - House price recovery stutters, and Goldman comes under Bernanke antenna

If there’s a correlation between the amount of news and the economy’s woes, then now is the time to worry. There is simply too much happening at the moment to squeeze it all in.

Goldman Sachs is in trouble again. The issues at the bank were referred to here the other...Read More

Posted Feb 26, 2010

Basket-case UK gets waterproof bottom

The knives were being sharpened. Jim Rogers was at it, with the legendary investor calling the UK a basket case. On one side of the great divide we were told sterling would crash if the government didn’t slash spending immediately. The other half said sterling would crash if the government...Read More

Posted Feb 26, 2010

Google boxes with shadow of protectionism

We now know the markets don’t always get it right. For one thing, madness of crowds can infect markets; that is why we get economic bubbles, and that is why we got mortgage securitisation and the credit crunch.

We should know that markets can send us down a blind alley. For...Read More

Posted Feb 26, 2010

Pound will crash if budget deficit is cut too soon, warns bank

Now the row of Britain’s fiscal deficit has reached new heights.

George Osborne finally starts putting some meat on his plans to slash spending, and yet the IMF comes out in support of maintaining spending for a while longer. Meanwhile, a currency trader has said if the fiscal debt is...Read More

Posted Feb 25, 2010

Can bankers' bonuses be justified?

It seems bankers are about as popular as Lord Voldermort at the moment. And bankers’ bonuses are being greeted as if they were a curse from the dark realm.

RBS is on the front line. It made a £3.6 billion loss last year, and as you will also recall had...Read More

Posted Feb 25, 2010

China heading for recession, and the yuan myth

Two bits of news developed yesterday relating to China. Well, one bit of news was more an interesting article that made a rather good point about the yuan. The other news was based on the views of one of the world’s leading economists who has predicted a nasty economic crisis...Read More

Posted Feb 24, 2010

Is Toyota a victim of bullying?

It seems there is no sign of an end to the bullying. Despite the media’s spotlight, lapels are still be shaken. There have been no official complaints yet, just a whiff here and a hint there that there’s more to come. The US government may be the worst culprit. The media...Read More

Posted Feb 23, 2010

The PR behind is a Toyota

It’s a strange thing about Japan. Twenty years ago the economy of the rising sun seemed unbeatable. One of the features of the Japanese economy, or so we were told, which was so much superior, was the way banks and business worked so closely together. They had a symbiotic relationship,...Read More

Posted Feb 22, 2010

Will the UK join the PIIGS?

And so it was that in January, the UK’s government borrowed £4.3 billion. Now these particular records go all the way back to 1993, and not once in that time have the January public finance figures been in deficit.

Jonathan Loynes, from Capital Economics, said: “Extrapolating the trend forward points to...Read More

Posted Feb 19, 2010

Economist wars

Last weekend the Sunday Times thought it was presenting the voice of reason. Twenty economists wrote to the newspaper decrying the government deficit and calling for urgent cuts in government spending.

For the Tories it was like manna from heaven. Of course the economists were right. Across the land wise heads...Read More

Posted Feb 19, 2010

Google boxes with shadow of protectionism

We now know the markets don’t always get it right. For one thing, madness of crowds can infect markets; that is why we get economic bubbles, and that is why we got mortgage securitisation and the credit crunch.

We should know that markets can send us down a blind alley. For...Read More

Posted Feb 26, 2010

Friday snippets - House price recovery stutters, and Goldman comes under Bernanke antenna

If there’s a correlation between the amount of news and the economy’s woes, then now is the time to worry. There is simply too much happening at the moment to squeeze it all in.

Goldman Sachs is in trouble again. The issues at the bank were referred to here the other...Read More

Posted Feb 26, 2010

Pound will crash if budget deficit is cut too soon, warns bank

Now the row of Britain’s fiscal deficit has reached new heights.

George Osborne finally starts putting some meat on his plans to slash spending, and yet the IMF comes out in support of maintaining spending for a while longer. Meanwhile, a currency trader has said if the fiscal debt is...Read More

Posted Feb 25, 2010

Can bankers' bonuses be justified?

It seems bankers are about as popular as Lord Voldermort at the moment. And bankers’ bonuses are being greeted as if they were a curse from the dark realm.

RBS is on the front line. It made a £3.6 billion loss last year, and as you will also recall had...Read More

Posted Feb 25, 2010

Europe stumbles over US woes

Latest data from US and Europe makes markets fret
US safe from Europe’s problems
Europe vulnerable to US problems
Could carry trade mark II implode?

You know, it is all a tad unfair.

Yesterday was a bad day in the US, and markets in Europe suffered.

The last few weeks have seen...Read More

Posted Feb 24, 2010

Guru warns of bunch of sovereign defaults

The sovereign debt crisis won’t lie down.

Kenneth Rogoff is one of that select band of economists who can make a genuine claim to have predicted the banking crisis.

He, along with Carmen Reinhart, penned one of the better books on the economic crisis – This time it is different. And the...Read More

Posted Feb 23, 2010

Mandy and Osborne in battle of ideas

So George Osborne reveals his big idea for reducing debt: Privatising the banks and letting taxpayers buy shares at a subsidised price.

The idea does have some merits, but it also has its faults.

Meanwhile, media reports suggest Peter Mandelson is working on a scheme that really does have the germ of...Read More

Posted Feb 22, 2010

Let's hear it for a 21-hour week

Wouldn’t it be good if the weekend started on a Thursday evening, and we went back to work on a Tuesday morning. The Monday morning feeling would become the Tuesday morning feeling, and on Thursday we would say Thank* its Thursday, or TFI Thursday.

It’s a dream, of course, the...Read More

Posted Feb 18, 2010

© Investment & Business News 2013