Look at that – can the Dow really be at 32,950??? The UK gilt and sterling market banker bigwigs seem to be happy that one of their own (by sheer coincidence an ex-Goldman banker) Sunak is now at the helm. But I am not so
Author: John Burford
Liz who? Was she just a Will -o – the – Wisp that was cancelled by the establishment blob as if she wasn’t there? So now the way is clear for the Return of Boris (for the Second Coming?) And to an almost certain economic
Did you hear that rattle? That loud noise was the same one as before – cans being punted down the road. And that screech of squealing tyres was the sound of U-turns being performed by the government. So the laudable small government, low tax, high
It was really no contest – Biden against the oil market and OPEC’s dominant role in it. Biden desperately wants cheaper gas (petrol) so that his poll ratings can improve enough to produce a Democratic win in next month’s mid-terms. But OPEC wants the oil
“Well, here’s another nice mess you’ve gotten me into!” These immortal words of Laurel and Hardy come to mind as we are gripped by the financial earthquakes caused by the new UK government’s tax-cutting and a smaller state revolution – and the extremely violent reaction
So, now we know. The Fed really means it when they say they want to crash the economy to kill inflation. But I have one little question: They have a long history of being behind the curve of moving on policy rates and thus they
I have waited and waited and waited for the PMs to begin major turn-arounds from their deep bear trends off their March highs. And so far, to no avail. It has been an exercise in total frustration especially for Gold. Since July, odds have been
Is it entirely coincidental that with the passing of our Queen to the new King that the old is giving way to the new? In terms of finance, has the old strong dollar trend ended with the Queen’s passing? Remember, the value of the US
Well, the growing chorus of MSM pundits seem to think it a real possibility. For instance, one I spotted has the headline: “Pound risks dollar parity after worst month in six years.” If achieved, that would be another 10% fall from the current 1,15 on
As I have been maintaining all along, the Net Zero fantasy is the pin the stock market bubble has been looking for. Shares fell very hard yesterday and with huge rises in energy bills looming, economies are on the brink of severe implosions. The Law
Bullish mania is running rampant in Pundit-land – at least it was until last week. Human nature, being unfixed probably in millennia, compels most to find easy-to-digest rationalisations for what has just happened. And since June, what happened was the strong share rally off the
Stocks continued their bear market rally last week as more investors are taking the plunge to ‘get back in’ for fear of missing out (FOMO). Bullish sentiment has changed up a few gears with widespread belief the worst of inflation is over and the Fed
