Sterling could certainly tank, but it won’t be due to Brexit Surely here’s only one way the British pound can trade in the coming months. Currency experts are anxiously fixated on what the final details for Brexit will look like. But it seems simple to me: if it’s good, it’s good – and if it’s bad, the country will soon make it better. What does this [...]
The Bundesbank conspiracy: Why Germany is really repatriating its gold An official announcement last week that the Bundesbank had pretty much repatriated half its gold reserves ahead of schedule has once again sent the rumour mill into overdrive. Fans of the precious metal – not shy of a good conspiracy theory – have been deliberating over the move ever since Germany detailed it back in 2013. Initially, [...]
Virtual reality is the future – but it turns my stomach I was lucky enough to try out Sony’s new virtual reality (VR) headset this month for its Playstation 4 video game console. It was the first time I had experienced VR since the mid-1990s, in the days of the mega-arcades in London’s Trocadero (now sadly defunct). This new generation of an old concept managed to [...]
Is Deutsche Bank the world’s greatest contrarian trade? October 3, 2016 Who'd invest in a German bank? A roller-coaster two weeks for Deutsche Bank, the country’s largest lender by assets, has only reinforced the volatile position the sector now finds itself in. It’s highly likely that the top dogs at Deutsche will sweet-talk US regulators into reducing their $14bn settlement, but the bank is by no means [...]
Responsible nationalism: This new ideology could be the antidote to both Trump and Brexit August 15, 2016 Britons will be forgiven for still being a little anxious over the future of their country after voting to quit the European Union in June. There’s not been much to chew on in the weeks following a referendum that seemed like the UK had hit the reset button on globalism itself. But amid the vast reams [...]
