A third runway at Heathrow isn’t enough. Let’s allow our regional airports to take off March 12, 2012 A WORLD-CLASS city deserves world-class aviation links. Without them, businesses and jobs will drift away. With its crowded airports, limited long-haul options and unreliable air services, London faces exactly this threat. Something needs to be done. For some, the answer is “Britain needs a bigger hub airport”. This ideology seeks to conflate concern about Britain’s [...]
Chief executives earn trust with honest answers March 12, 2012 WHEN Vincent de Rivaz, chief executive of EDF, recently gave an interview, he knew that trust in energy companies was at an all-time low. The interview was the perfect opportunity to start rebuilding it. So he mentioned “trust” – 61 times in fact – and little else. Unsurprisingly he was pilloried. EDF will wrongly blame [...]
Doing nothing is not a realistic policy option March 12, 2012 I AM a rare thing in UK academia – an Austrian school economist. Few understand what that really means. If you know the term, you may wonder why my columns aren’t shorter, since many caricature the Austrian economic position as an unbending “do nothing”. But this is misleading. For example, Austrian school economists tend to [...]
RAPID RESPONSES March 12, 2012 Wrong diagnosis [Re: Economy is being knocked off course, yesterday] Both the Treasury and the Bank of England continue to fret about the dangers of deflation. I just wish that the British economy had such a problem – the result of quantitative easing and very low interest rates has been the debasement of our currency. [...]
Avoiding rotten luck trading pairs March 12, 2012 PICKING out individual stocks from a sector can be a tricky business. Even if you think that a particular equity is ripe for the picking, it could be dragged down by a fall in the sector as a whole. This is where pairs trading can come in to help you. “Pairs trading is an often [...]
US GROWTH MEANS THE DOLLAR-YEN BREAKOUT SHOULD BE TAKEN SERIOUSLY March 12, 2012 DIRECTOR OF CURRENCY RESEARCH, GFT IS THE North American region the last bastion of global growth? After last Friday’s strong US non-farm payrolls (NFP) and this weekend’s disappointing Chinese trade data, it certainly appears to be the case. In February, the US was able to record its third consecutive month of more than 200K new [...]
The growing trend of active traders March 12, 2012 THE last 15 years or so have seen a sea change in how people manage their investments and approach financial markets. For anyone much under the tender age of 40 it’s probably taken for granted that real time prices, charts and news are all part and parcel of a trading or investing account. Of course, [...]
Analyst picks for 13 March 2012 March 12, 2012 FOREX STRATEGIST JOEL KRUGER My pick: Buy dollar-yen from ¥80.00 Expertise: Technical analysis Average time frame of trades: 6 months The market is doing a good job of showing the potential formation of a major cyclical bottom after closing above the weekly Ichimoku cloud for the first time since July 2007. We could be in [...]
Twin products for the skilled trader March 12, 2012 MARKET volatility is often a problem for investors. But some, with the talent and bravery to turn turbulence into a boon for their portfolios, make good use of a pair of derivative products – contracts for difference (CFD) and spread betting. How should you choose which to use? Functionally, they are more similar than different. [...]
THE TIPSTER March 12, 2012 GLOBAL food and beverage company PepsiCo announced plans to install former Wal-Mart executive Brian Cornell to head its largest and most profitable unit. This is seen as a positive move which could shake up positions within the company, as existing chief executive Indra Nooyi has been unable to bring the share price back to its [...]
