Search Results for: Allen
Why interest rates are rising long-term
November 23rd, 2018
There are growing expectations that the current cycle of rising interest rates will result in a deflationary recession. While a credit crisis is increasingly likely to evolve in the coming months, it is a highly inflationary situation. A ...
ACCA Research: 48% of public believe auditors ‘could prevent company failures’
November 23rd, 2018
A survey of 1,000 members of the general public by ACCA (the Association of Chartered Certified Accountants) reveals auditors are expected to play a crucial role in company safeguarding. 48% of the UK public believe it is auditors who ...
British Pound recovered slightly on Friday; Euro recovers, US Dollar sells off
November 19th, 2018
The British Pound (GBP) recovered slightly on Friday as the fears of a complete dissolution of Theresa May’s cabinet eased. The US Dollar (USD) exchange rates weakened against both the Euro (EUR) and Pound (GBP) and leaves some momentum ...
The psychology of systemic consensus
November 16th, 2018
We are all too familiar with established views rejecting change. It has nothing to do with the facts. Officialdom’s mind is often firmly closed to all reason on the big issues. To appreciate why we must understand the ...
Brexit draft deal: The key points explained
November 15th, 2018
Theresa May’s draft Brexit agreement has been agreed by her cabinet after more than 18 months of negotiations with the EU. It took five hours of discussions inside Downing Street before the prime minister was able to hail the ...
Sterling rallies after cabinet backs May’s draft deal
November 15th, 2018
The pound has rallied after the Prime Minister announced she had the backing of the cabinet for her Brexit withdrawal plan. It followed a volatile day’s trading while the outcome of Theresa May’s five-hour meeting with cabinet colleagues remained ...
As Oil Plunges, Energy Junk Bonds Turn Dangerous — Again
November 14th, 2018
Back in 2104 oil was falling and hundreds of billions of dollars of energy junk bonds and leveraged loans looked to be at risk. Wolf Street had this to say at the time: “Oil and Gas ...
Euro and Sterling climbed higher on Wednesday; Dollar Index slipped from a 16-month high
November 14th, 2018
The euro and sterling climbed higher on Wednesday as investor confidence rose on news Britain had struck a draft divorce deal with the European Union after more than a year of talks. The rise in the euro and sterling ...
Prices When Gold Is Money
November 9th, 2018
We are getting ahead of ourselves here. Gold does not circulate as money – yet. It might never do so. Perhaps the end of government currency, fiat money imposed on us by government laws, may never be replaced ...
Post-midterms rally in European stocks fizzles out
November 9th, 2018
European shares were flat to slightly higher on Thursday as a rally following U.S. midterm elections sputtered while strong results from Societe Generale, Commerzbank, and Sodexo soothed concerns about corporate earnings. The pan-European STOXX 600 was up just 0.2 ...
