The July 4 Independence Day fireworks displays will light up the US skies on Tuesday – and similar pyrotechnics are now on display in the stock markets (also in France!). A slew of ‘strong’ US economic data last week lit the rocket touch-papers and sent
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
It was the best of times, it was the worst of times. It was the age of bullishness, it was the age of bearishness… (as Charles Dickens almost wrote). On Thursday, Carney unleashed his version of the Big Bazooka by lowering UK Bank Rate and
