Search Results for: financial crisis
Euro to Pound exchange rate strengthens following bolstered balance of trade
August 17th, 2018
The Euro Pound (EUR/GBP) exchange rate is trading at its highest level this week after the EU released the Eurozone’s latest balance of trade data. The figure came in at €22.5bn, lengthening the previous surplus of €16.5bn and beating ...
End Of Credit Cycle Dynamics
August 15th, 2018
While there is no starting-pistol that tells us the final phase of the credit cycle leading into the next credit crisis has actually begun, nearly all the signs point to it being the case for the US economy. ...
European stocks finish in the red; What are strategists saying?
August 14th, 2018
European stocks closed with losses Monday, as Turkey’s perilous financial condition weighed on sentiment. Bayer AG shares were another big drag, after a U.S. court ruling against the company’s Monsanto unit. What are markets doing? The Stoxx Europe 600 dropped ...
Irrational Beliefs Are Ruling Markets
July 4th, 2018
To understand the consequences of the credit cycle, we must dismiss pure opinion, and examine the evidence rationally. This article assesses the fate of the dollar on the next credit crisis, a subject of increasing topicality. It concludes ...
When Will Gold’s “Summer Doldrums” End? History Says Pretty Soon
June 13th, 2018
This has been a uniquely boring stretch for gold and silver – especially considering all the things going on in the world that ought to light a fire under precious metals. In just the past few weeks, the US ...
The Gently Rotting Debt-Ridden EU
June 8th, 2018
The EU as a political construction is in a state of terminal decay. We know this for one reason and one reason alone: its core principal is the state is superior to its people. A system of government ...
Société Générale to pay millions for LIBOR and Euribor manipulation charges
June 5th, 2018
The Commodity Futures Trading Commission (CFTC) issued an Order filing and settling charges against Société Générale S.A. (Société Générale or the Bank) for attempted manipulation of and false reporting in connection with the London Interbank Offered Rate (LIBOR) for ...
Gold’s Monetary Rehabilitation
June 4th, 2018
There is a quiet revolution taking place in the monetary vacuum that’s developing on the back of the erosion of the dollar’s hegemony. It is perhaps too early to call what’s happening to the dollar the beginning of ...
The Big Four accountancy firms in UK face the threat of a break-up
March 23rd, 2018
The Big Four accountancy firms in UK could be broken up following a wave of scandals at companies they audit that has sparked a ‘crisis of confidence’ in the industry. Deloitte, Ernst & Young, KPMG and Pricewaterhousecoopers are the ...
The egregious errors of static statistics
March 22nd, 2018
The measure of a man’s real character is what he would do if he knew he would never be found out. Lord Macaulay wrote this nearly two hundred years ago. His aphorism is particularly apposite of modern politicians, ...
