Crisis not a correction: Fund managers believe equity markets are set to rally this autumn after a dire summer October 14, 2015 This summer’s equity markets were carnage, with stocks rising and crashing like waves on a beach. China experienced a “Black Monday” in August as its markets plunged, and sent shares around the world tumbling. Miners and commodity stocks led the way down, as worries that demand from China would be lower sent prices of [...]
How workaholism can work for you: Break your own records and see the value of marginal gains October 14, 2015 When Apple founder Steve Jobs set up the company’s first factory in 1984, he would check thoroughly for any dust on the equipment or the floor, later remarking that “if we didn’t have the discipline to keep that place spotless, then we weren’t going to have the discipline to keep all these machines running.” [...]
Why public sector pensions need a radical overhaul October 14, 2015 A fortnight ago, I delivered a call to arms to the Government, detailing the need for immediate action to address the parlous state of UK public pensions. The estimated total shortfall is a staggering £1.7 trillion, across funded and unfunded public sector schemes. This exceeds UK GDP. On the basis of a 2012 ONS study, [...]
Worldpay closes above initial offer price: How does it compare to the 10 biggest London IPOs this year October 13, 2015 NULL
Banks dump US debt pile: Cash-strapped central bankers are offloading treasuries in huge loads October 13, 2015 Emerging market governments are dumping US treasuries en masse, in the latest sign of the pressure their economies are under. China, Brazil, Russia and Taiwan have all been sellers, accounting for some of the $123bn in foreign net sales of treasury debt maturing in a year. This figure is for the 12 months to [...]
Central banks: Stop the focus on inflation – CNBC Comment October 13, 2015 Based on last week’s Federal Open Market Committee (FOMC) minutes, it seems the Fed’s decision to hold off on raising interest rates at its September meeting was not a close call. The minutes showed that the FOMC was hesitant to pull the trigger, as members remain worried about global growth risks. While most of [...]
Boomerang employees: As Jack Dorsey returns to Twitter, why rehiring a former colleague is not always a win-win scenario October 13, 2015 Last week saw Jack Dorsey return to the helm at Twitter, taking up the chief executive position he initially held after founding the company in 2007. His familiarity with Twitter’s structure is an asset, but Dorsey comes with baggage, and his refusal to leave his post at payments company Square is provoking some concern. [...]
Trading stocks and equity markets will dominate week ahead – eToro Tips & Picks October 12, 2015 This week is going to be all about trading stocks and equity markets, as the fallout from the poor US jobs report continues to give markets a shot in the arm. Last week saw the start of earnings season in the US, with Alcoa reporting its third quarter numbers. Expectations for earnings are [...]