In recent years the decisions taken by the Western political elite have become ever more damaging to their public’s best interests (except for those on the gravy trains, of course). But there seems to be a major crisis of public confidence coming to a head
Having taken a two-week break to sunnier climes, I am back at my desk wondering if anything happened while I was away. Apparently, not much – except stock markets topped of course. But being on holiday did not mean I missed the turn! Oh, no.
Long time readers know that I place great store in measures of sentiment both in each specific market and in the wider economy. That is simply because it is the waves of sentiment that drive the financial markets according to the Elliott Wave model. While
Just as our UK political ‘leaders’ prove once and for all that running an alcohol-fueled party in a brewery is way beyond their government pay grade, markets smell blood. In fact, I have long considered the pantomime in Westminster very much a side-show to the
The dollar, which is the one market pretty much directing all traffic in the world of finance, continues to lose ground and is heading for its worst week since February. And don’t say I didn’t warn you. In numerous posts this summer, I have been
