The end of ownership I had an interesting conversation with an Estate Agent recently who has been in the industry for over thirty years and he said that he ... Continue reading
Burn your books, readers are coming This is fairly off topic for me but today I will write about technology , namely the hand held gadget called a Reader. I recently recei... Continue reading
Bank of England cut rate from 2% to 1.5% the lowest since 1694 Only a two days ago I wrote about the Bank of England considering a move to the lowest interest rate in the history of their central ba... Continue reading
Uncharted territory – or maybe we just can’t see ahead? Often companies and economists make forecasts and predictions about the direction of the economy, so it is interesting that two of the ... Continue reading
The tipping point? Today I am taking out the crystal ball, and asking it if these final weeks of December 2008 and the start of January 09' are the tippin... Continue reading
The ‘Crunch’ is nearly over, but what lies in its wake? The Euribor 3 month money is at 2.822% which means the margin on interbank money is now at 0.322% (the current base rate is 2.5%) over ... Continue reading
Where will the rent takers hide next? Taking rent is perhaps the best and yet most unproductive part of an economy, in the past we have spoken about the concept of 'rent tak... Continue reading
What stimulus is there after a 0% rate? There are generally two strands to monetary stimulus, firstly there are interest rates, and then there is the actual money supply. We'l... Continue reading
Bond market news from the USA Bond yields in the USA are at historically low yields, the 'flight to quality' we are seeing is that there is a wholesale flight from t... Continue reading
Automakers bailout is a mistake Banks, in my opinion, should not have been bailed out, they are a business like any other and when people talk about the 'systemic risk... Continue reading