Clem Chambers

I bought some more Promethean World as the price is now getting really silly. This means the company is either doomed or will rally big time at some point. I’m not certain it’s not doomed or I would have bought more but, I think the chances are on the recovery side of the dial. Meanwhile […]

The recovery from the 2008 financial crisis could take up to a decade Olivier Blanchard, Chief Economist of the International Monetary Fund, has argued. Citing concerns about the on-going Eurozone crisis and the debts of the United States and Japan Mr Blanchard said “it will surely take at least a decade from the beginning of […]

Spanish unemployment grew by 76,645 in September to reach a new total of 4.71mn. Reaching over 24.63% of the working population Spain’s employment figures saw shares across Europe fall by 0.4% on Tuesday morning with continuing bad news for the troubled euro currency by dropping under 1.29 to the US Dollar. Contrary to earlier press […]

I’ll be speaking at next April’s  UK Investor Show  along with Tom Winnifrith and other experts including Nigel Wray, Mark Slater – even ‘Evil Knievil’ himself. Normally, I would talk about ways to make 20% or more a year from stocks.  Yet at the end, all anyone ever wants to ask about are short- term trading tips to make them fortunes overnight. I expect it...

I’m watching the Euro and using it as an indicator of the future. Whatever goes on behind the scenes in Europe today is fed into the euro’s price very quickly. The insider trading on the Euro crisis is staggering, but in the end who cares? There it is a useful guide. You can predict what […]

Well, my crazy punting account that includes short EUR v pound, Value click, Alcoa, Sprint and an over allocation of Trinity Mirror (I already had enough in my portfolio) has reached the ceiling it gets to before the market collapses and burns it to the ground again. It has basically gone up 400% this year […]

Much against the run of play my portfolio is now up over 26% so far this year. Since I didn’t start rebuilding before October I’m happy to take 25% as this year’s profit, which of course is extremely good. However, this is what I get year in and out. The cycle of the years tends […]

The utterly obvious is taking a long time to happen – the big breakout in inflation in Europe, US and Japan. It’s coming but we maybe years off. In any event things are looking better in Europe in terms of crisis management. The printing of money looks like it has a “GO.” No wonder the […]

Today’s Update: Thirteenth Month of Eurozone Contraction Eurozone manufacturing output has fallen for the thirteenth month in a row. New figures show that the Performance of Manufacturing Index, PMI, for the Eurozone in August rose from 45.1 from 44 in July. PMI figures measure manufacturing output with any figure below 50 indicating a contraction and […]

Unemployment figures have risen in Germany for the fifth month in a row. Whilst remaining at a post-reunification jobless low the employment market has suffered following a second quarter of falling GDP figures. Down to 0.3 per cent GDP growth 9,000 more people were added to Germany’s unemployment figures taking the total to 2.901 million […]