Don’t ignore the emerging market debt bubble – CNBC Comment November 17, 2015 It was the worst week for US markets since August last week, and now both the Dow Jones Industrial Average and the S&P 500 are on track for a losing year in 2015. The euro is trading at its lowest levels in six months, and investors are selling on almost a 90 per cent certainty [...]
How to deal with a misbehaving boss: Don’t assume that all whistleblowing staff will be treated equally November 17, 2015 There are many hurdles to jump when it comes to progressing your career. All you want to do is show how good you are and how hard you work, but sadly office politics will always need to be added to the mix. Something many will have to contend with at some point is how [...]
City Moves for 17 November 2015 | Who’s switching jobs November 16, 2015 GORDON DADDS The law and professional services firm has appointed Huw Witty as partner and head of tax. He joins from Fladgate, where he was partner and head of tax. Witty has over 20 years’ experience as a tax partner and will work with tax director Roger Harding to bolster Gordon Dadds’s taxation offering. M&G [...]
Wall Street up despite travel industry falls – New York Report November 16, 2015 MAJOR gains in energy shares yesterday helped the indicies rise as investors bet Friday’s deadly attacks in Paris would have little long-term effect on the US economy and corporate earnings. In their strongest day since 22 October, the Dow Jones industrial average ended 1.38 per cent higher at 17,482.61 points and the S&P 500 gained [...]
Vote with your wallet: It’s time to turn shoppers into investors November 16, 2015 It frustrates me that consumers are so valued as shoppers, yet so underserved when it comes to putting money to work in other ways. From the moment we are born, we are marketed to thousands of times a day, “trained” as consumers through hundreds of billions of pounds in advertising, yet are left to our [...]
Paris attacks: It’s natural to care more about those close to us – and that has implications for government too November 16, 2015 Many people have taken to social media to ask why the terrorist massacres in Paris have been given so much Western media attention, while similar atrocities in Beirut received scant coverage. One important reason is that France is closer to us – in location, culture and worldview. While we may pay lip service to [...]
Britain’s ageing population could be an opportunity – not just a disaster November 16, 2015 In the next four decades, the number of people aged over 60 globally is set to jump from 800m to 2bn. This huge increase will pose enormous economic, political and health-related challenges. But for those countries that adequately prepare, the increase will also present opportunities. Britain faces a particularly daunting challenge. The country will see [...]
In the wake of the attacks on Paris, are Western societies too tolerant of intolerance? November 16, 2015 Sam Bowman, deputy director of the Adam Smith Institute, says Yes After the Charlie Hebdo murders, the world stood with Charlie. Yet almost everybody illustrated their unity with the bland image of a pen, instead of the Muhammad drawings that the cartoonists were murdered for. Even when we wanted to show that “nous sommes Charlie”, [...]
Markets will remain subdued after Paris attacks – eToro Tips & Picks November 16, 2015 Friday's horrific scenes in Paris will undoubtedly have an economic impact, and although it seems trivial to talk about financials and markets at a time of such horror and pain for so many people, the events will nevertheless leave their mark. Investors gravitated towards gold as a relative safe haven after a mixed start [...]
Inflation data to set interest rate tone in US – New York Report November 16, 2015 The big event in the US this week will be the inflation numbers, expected tomorrow afternoon UK time. Consumer prices are expected to have gone up by 0.2 per cent over the course of October, making the annual increase just 0.1 per cent. The core consumer price index, excluding lower energy prices, is forecast to [...]