US stocks lifted by strong retail sales November 28, 2011 US stocks rebounded from seven days of losses yesterday as investors used the latest effort from European leaders to resolve the region’s debt crisis as an opportunity to cover short positions. Trading was light, a sign scepticism remains high. Just 6.2bn shares changed hands during the day on US exchanges, well below the daily average [...]
There’s one economic policy the coalition has yet to try: Spend less to boost growth November 28, 2011 TODAY’S sound and fury around the chancellor’s autumn statement hides a remarkable consensus shared by government and opposition alike. Public spending needs to be cut, but not by very much. Increases in tax rates are a regrettable necessity, and any idea of actually cutting the tax burden on working people is out of the question. [...]
Five ways to get the UK economy back in the black November 28, 2011 IT’S time for the UK to get real. The country is deeply in debt. The coalition made deficit reduction the prime aim of its governing agreement. It was a great idea then. It is a great idea now. It needs delivery. First, let’s be bold with the banks. The UK private sector needs easier access [...]
If only the neoliberals were really in charge November 28, 2011 IT IS common to hear about the ascendancy of “neoliberal” economics. Many on the left use it as an explanation for the deregulation that they blame for causing the financial crisis. And some argue that it is the dominant school of thought within the economics profession. These are myths, and I want to challenge some [...]
RAPID RESPONSES November 28, 2011 Driven too far Osborne has always got money to throw at euro bailouts and other pet causes like high speed rail and increasing overseas aid. He is tempting fate if he introduces road tolls to pay for infrastructure, as drivers have already been paying many times over for road investment that hasn’t been made. There [...]
Trading the fear index November 28, 2011 THOUGH it is not a leading indicator, the Chicago Board of Options Exchange volatility Indix (Vix) is a useful tool for CFD traders. As it is much more sensitive to market downswings than upswings, the Vix is often known as the fear index. Most CFD providers allow you to take a position on Vix futures [...]
HOPING FOR A CHANGE IN ECB POLICIES November 28, 2011 EQUITY markets bounced back yesterday, but last week was another grim period. Anyone hoping for an equity market rally into Thanksgiving will have been severely disappointed. The major stock indices across Europe, the US and Asian Pacific countries all fell sharply, with many breaking below significant support levels. From a technical perspective, last week’s sell-off [...]
Gold will shine: But short-term trade tarnished November 28, 2011 A LONG-TERM bull market in the yellow metal has seen traders and investors profit to a tremendous degree. At the extremes, fiat money adherents – who don’t see the metal as a currency or store of value – have clashed with gold bugs, with the latter trouncing the former. However, the last quarter has tested [...]
THE TIPSTER November 28, 2011 EUROPEAN bond yields are rising at an astronomical pace, with Italian bonds tipping over the 7 per cent yield mark yesterday. With yields consistently moving higher, and their inverse relationship with price, many expect further short-term downward movement on European bonds. Capital CFDs quotes the December German bund at €133.92-€133.95. It’s all about pubs this [...]
Accelerate returns in the Market Master Challenge November 28, 2011 IT’S not too late to win prizes galore in Société Générale’s Market Master Challenge. In the process you will learn how to trade Covered Warrants, Turbos and Super10s. Simply trade a virtual pot of £100,000, up to 5 December, for your chance to win a black&white membership to dreamcarhire.com worth £10,000, a Ferrari driving experience, [...]
