Bank capital rules are holding back a credit binge – but also our recovery November 11, 2013 THE RECENT run of better-than-expected economic data and the government’s Help to Buy scheme have sparked talk of a return to credit-fuelled boom and bust. Some have joined renowned monetary policy hawk Andrew Sentance, a former member of the Bank of England’s Monetary Policy Committee, in calling for interest rates to rise sooner rather than [...]
We need to judge policies by good outcomes not just on good intentions November 11, 2013 OVER the past week, two aspects of our public debate have become noticeable. First, many judge policies by their intentions, not their effects. This often leads to policymaking that seeks fairness, but actually eliminates opportunity. The second is that unequal outcomes are often just assumed to indicate institutional bias or injustice. Both result in do-gooders [...]
New listing rules protect investors and safeguard London’s open markets November 11, 2013 THE OPERATION of public markets frequently attracts high levels of scrutiny. But for much of the past 18 months, the spotlight on the UK equity market and the listing regime has been intense. Questions over corporate governance at companies with a controlling shareholder – and by extension the rights and protections for minority investors – [...]
Letters to the Editor – 12/11 – Greenbelt benefits, Best of Twitter November 11, 2013 Greenbelt benefits [Re: The Greenbelt sacred cow: It pens in the poor for no environmental gain, yesterday] Professor Anne Powers (LSE) estimates that there are sufficient brownfield sites across London to provide the necessary housing for the next 20 years. Surely we should be looking at how we design affordable housing, in areas that are [...]
How to apply technical charts to improve your performance in trading November 11, 2013 TECHNICAL analysis is based on the idea that historical prices can provide insight into future prices. Using technical charts, traders seek to determine the likelihood of the continuation of the current trend, as well as the potential point at which the trend may reverse. While there are countless types of technical charts, most will fall [...]
Italy a ticking timebomb for the fragile Eurozone November 11, 2013 Improvements elsewhere in the periphery contrast with the worryingly slow progress in Rome In parts of the Eurozone periphery, there are signs that struggling economies are finally turning a corner. Spain, for example, has returned to growth – albeit at the slow pace of 0.1 per cent in the third quarter – and Portuguese unemployment [...]
CNBC Comment: FX market probe raises Libor fears November 11, 2013 YOU DON’T have to read one of John Le Carre’s spy novels to believe his maxim that “bankers will always get away with whatever they can get away with”. The latest scandal afflicting the industry is the fast-moving investigation into the $5.3 trillion (£3.3 trillion) FX market: just three months in, it has embroiled 10 [...]
DailyFX: Analyst picks November 11, 2013 CURRENCY STRATEGIST CHRIS VECCHIO My pick: Short euro-dollar and pending short Aussie-dollar Expertise: Fundamental and technical analysis Average time frame of trades: A few hours to a few weeks The European Central Bank (ECB) meeting, the third quarter US GDP figure, and the October US non-farm payrolls (NFP), all generated immense volatility in euro and [...]
Our City Fit challengers get off to a flying start November 11, 2013 City A.M. has teamed up with Danio, the high protein yogurt of substance from Danone, to launch the City Fit Challenge. We have selected three men to undertake a four week programme of exercise, combined with the 5:2 diet, to see who can meet their personal fitness goals. Nutritionist Dr Sarah Schenker has devised meal [...]
Diet expert November 11, 2013 NUTRIENT DENSITY The typical UK diet is increasingly energy-rich but nutrient-poor. In other words many of us are consuming foods which are high in sugar and unhealthy fats and contain little in the way of vitamins, minerals and fibre, which we need for good health. To help improve the nutrient-to-energy ratio, health experts recommend we [...]
