US short term interest rates are still rising fast. Last year, I noted this process was starting and suggested that the soaring stock market would one day soon take note. And on January 29, the Dow and S&P finally got the message. Better late than
Tag: libor
Like most people, I follow the incredible story of UK house prices and their stratospheric ascent in recent years. As I have pointed out before, the chart since WWII shows a lovely five wave pattern Isn’t that pretty? We are in the final fifth wave
Last week, the Dow declined by 1,600 points in just four days. That was not quite the record of 2,400 points weekly decline earlier in February, but it was in the same direction – down. I hope that gives a clue which direction the stock
What a terrific ride we are enjoying on the Trump Dollar Express and in related markets, but is it time to start thinking about taking a well-earned rest-stop – as well as major profits? And what a ride it has been! Since the ‘surprise’ US
