All Posts Tagged With: "Bank Of England"
FTSE Dives 2.6%. But There Are Still Good Investments Out There
It was the biggest one-day fall since the collapse of Bear Stearns in March. Yesterday the FTSE 100 tumbled 2.6%. It’s hardly surprising. There was a lot of bad news flying about.
And Then There’s This…Friday, June 20th, 2008
The gold price lost about eight bucks (silver was down about 20 cents) from the open in Sydney on Thursday morning until about fifteen minutes before the Comex opened in New York yesterday morning.
Get Ready for Higher Inflation… and Red Hot Industrial Action!
Here’s a not-too-controversial prediction. Later this month, Big Merv King will get the Basildon Bond out and pen his missive to the Chancellor, Alistair Darling, explaining why inflation has gone over 3.0%.
The Stock Market Sectors You Should Sell Out of Right Now
Why inflation is bad news for the high street. You’d expect the slump in the housing market to take its toll on the high street. And indeed it has.
How Will We Know the Credit Crisis and Banking Fiasco Are Truly Over?
How will we know the credit crisis and banking fiasco are truly over? We won’t.
Buy Commodities, and Oil in Particular
Apparently, there’s just no stopping stocks. They just keep on trucking higher as investors forget about the recent troubles in the financial sector and focus on Merrill Lynch’s note that ‘credit markets may be “past their worst”’.
Why Europe’s Got It Right on Inflation
Interest rates are set to rise next month!
Why Soros Is Getting Ready to Break the Bank of England Again, Part II
As I said yesterday, George Soros - the billionaire investor - who “broke the Bank of England” got his “celebrity status” by betting against the British pound…and now he’s looking to do the same thing by shorting the British pound again.
Interest Rates Will Go Up, Not Down
I was delayed on my way in this morning. By the Luftwaffe. Yes, an unexploded bomb in east London played havoc with the District Line.
Why the Bank of England Can’t Save Britain from Recession
Uh-oh. We must really be in trouble. The Organisation for Economic Co-operation and Development (OECD) has singled out Britain’s economy for especially gloomy treatment in its latest six-monthly take on the world economy.
Latest News
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