Has the Greek government been its own worst enemy during debt negotiations? June 22, 2015 Dr Holger Schmieding, chief economist at Berenberg, says Yes Rarely has a new government done so much damage so fast. Without actually passing many laws, the left-right radicals in Athens have scared Greek savers and entrepreneurs so badly that about €60bn in capital has fled the country within six months, equal to one third of [...]
Alarm bells sound over record deficit: Growing gap in the current account could mean markets turn against UK, experts warn June 22, 2015 The UK economy has given investors little cause for concern recently. But one of our vital statistics is worrying, and experts are warning of trouble ahead. Our current account deficit – which shows how much more we pay out overseas than bring in – is the worst since records began in 1948. In simple [...]
My mid-life crisis over technology stocks – CNBC Comment June 22, 2015 Nostalgia is a dangerous thing. A couple of years ago I broke a golden rule of mine. I went to a LIFFE market reunion. It was a big mistake. There is nothing worse than a bunch of greying, balding, slightly tubby middle aged men (mostly) banging on about how great times were “back on the [...]
How to use crowd behaviour to trade the markets – DailyFX Tips & Picks June 22, 2015 Most retail traders consistently try to fade an ongoing trend. We don’t know why they do this, but it appears to be the “default” trading strategy of most new traders. We know this because retail brokers publish “sentiment” indicators showing the positioning of their clients, and we can compare these with the price trend of [...]
Car review: BMW’s futuristic new 7 Series lets you talk to your car using hand signals June 22, 2015 From city traders to third-world dictators, the Mercedes S-class has traditionally been the default limo of choice. BMW’s 7 Series won fans among those who prefer to drive than be driven, but it could never match the S-class for all-round appeal. The new 7 Series, though, could take the lustre off Mercedes’ three-pointed star. [...]
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How to retain female talent in the workplace: Offering agile working and tailored support is crucial June 22, 2015 Lord Davies’s report, published in March this year, showed that representation of women on FTSE 100 boards has almost doubled in the past four years to 23.5 per cent. The government’s target for 25 per cent of board positions to be held by women by the end of this year is in sight, and there [...]
Red hot Spieth targets McIlroy world No1 spot June 22, 2015 US OPEN winner Jordan Spieth has played down his burgeoning rivalry with Rory McIlroy but admits he is hungry to replace the Northern Irishman as golf’s world No1. Spieth, 21, became the youngest player for 93 years to win multiple Majors before his 22nd birthday when he followed up April’s Masters victory with success at [...]
Clermont-bound Strettle to miss World Cup again June 22, 2015 ENGLAND head coach Stuart Lancaster has admitted the withdrawal of former Saracens winger David Strettle from his World Cup training camp was the right call once it emerged he did not want to delay his new career at Clermont Auvergne. Strettle was part of the Saracens side that won the Premiership title last month with [...]
England’s one-day revival can stoke Ashes bid, insists Billings June 22, 2015 ENGLAND newcomer Sam Billings believes the transformation of his side’s one-day fortunes can galvanise the Test team’s bid to beat Australia and regain the Ashes. Billings made his one-day international debut and played all five matches as England showcased an exhilarating and aggressive brand of cricket to overpower New Zealand 3-2 in a thrilling series [...]
