In 3 charts: Past performance is not an indication of future results February 13, 2014 That famous phrase, “past performance is not an indication of future results,” is widely used in finance and for good reason. Most investors who pile money into stocks of a particular country cite the long term economic growth prospects of these countries, pointing to the growth rates of previous years as an indication that now [...]
We’re building a virtual ring of steel to tackle the threat of cyber crime February 13, 2014 UTTER the words “cyber crime” and many minds will conjure up an image of an awkward teenager, tapping away in their bedroom well into the early hours. But cyber crime can be much scarier than that. Threats today also come from criminal networks and foreign governments that deploy cyber weapons. Some of these assailants are [...]
What you need to know before the open – 13/02 February 13, 2014 It looks like the gains seen over the last few days are set to wane today, with Europe expected to open lower as markets pause for breath. ETX Capital #morningcall: FTSE100 down 20 points, the DAX lower by 23 points and the CAC40 down 8 points — ETX Capital (@ETXCapital) February 13, 2014 [...]
There is a real chance Carney’s high stakes bet will end in tears February 13, 2014 LET’S face it: monetary policy in the UK has become much harder to understand, in no small part because of Mark Carney’s botched forward guidance. Starting in the 1990s, and until the recession, most people, when asked what the Bank of England was trying to do, would have replied that it was seeking to control [...]
This mystery Guardian advert is the best thing to happen to dogecoin February 13, 2014 An unexplained advert in today’s Guardian financial pages has got Twitter into a stir. The newspaper has given a quarter page to the doge meme, a joke that has gained huge popularity in recent months since its inception in 2010. Featuring a shiba inu and some nonsensical phrases “pls red,” “much 4mal”, “so print”, and [...]
2 of the worst methods people use to trade February 12, 2014 Has gold’s rally got much further to go? Will the volatility in equity markets continue in the coming months? Most traders attempt to answer these questions through a careful study of the economic fundamentals (with mixed success). But in the underbelly of the retail trading industry lurk a few novel solutions to the problem of [...]
Everything you thought you knew about emerging markets is wrong February 12, 2014 Say the words 'emerging markets' to an investor and two phrases usually trip off their lips: high growth, high risk. It is the accepted wisdom that emerging markets adds a little fizz to an investment portfolio. They give you higher returns but there’s more chance you lose your money. New research presented this morning at [...]
Man Utd chief: If success-starved Liverpool can still sell shirts we don’t need to worry February 12, 2014 Mirth might be in short supply among Manchester United fans this season but that did not stop executive vice-chairman Ed Woodward making an apparent joke at Liverpool’s expense while announcing financials today. Woodward delivered the pointed quip during an investor conference call while rebutting fears that United’s dreadful recent on-field performance would affect their famous [...]
An independent Scotland should use the pound without England’s permission. Here’s why February 12, 2014 The pound could still be an independent Scotland’s best bet. As chancellor George Osborne is set to rule out a currency union with an independent Scotland, a Yes vote might make ignoring Osborne the smart choice. Sam Bowman, research director at the Adam Smith Institute, says that “an independent Scotland would not need England’s permission [...]
How wearable band shipments will hit 17m this year February 12, 2014 If you’re not one of the people who got a wearable band last year, you might well order one this year, as numbers look set to skyrocket. According to research firm Canalys, not only did basic and smart band shipments grow dramatically in the second half of 2013 to 1.6m, but 2014 will be the [...]