May 30 2014 @ 03:00
As I sit down to begin this article, Friday is only and hour and a quarter away in London. A few short hours later, it will be business as usual, then off for the weekend. I would suggest that the occasional glance be given to Wall Street during the day, and after the LSE closes. […]
May 15 2014 @ 08:39
Pfizer’s proposed takeover of AstraZeneca is causing lots of questions such as: 1. How can Pfizer guarantee this takeover will not jeopardise Britain’s position in scientific research and development? 2. Is Pfizer doing this primarily to avoid a multimillion dollar tax bill in the US? 3. Does the government have the legal right to intervene? […]
May 01 2014 @ 10:24
My day did not end well yesterday. In my ADVFN story, “How Will Weak US Economy Affect Us?” I warned of gloom and doom on the world economic scene as a result of a weak US first quarter. I pointed to the Dow Jones, the S&P, and the Nasdaq all opening down following the release […]
Mar 21 2014 @ 09:27
There is something noticeably unusual happening with UK supermarkets – a phenomenon not seen for years. All major supermarkets quoted in London namely Sainsbury, Tesco and Morrison are down sharply this year. Sainsbury’s decline started in November 2013, Tesco’s decline started in April 2013 and Morrison’s decline started in January 2012. Morrison is the worst […]
Feb 14 2014 @ 01:22
This has been a week Bitcoin advocates would probably rather forget. At the start of the month 1 bitcoin would set you back about $960. Today it will cost you $422. What the hell happened? Back on Monday (10 Feb) we saw prominent exchange MT Gox halt trading and stop withdrawals of bitcoins. Then Bitstamp, […]
Feb 13 2014 @ 12:13
After writing yesterday about James Bullard’s concern about the mounting risk of some asset-price bubbles bursting, I did a bit more investigation. Little did I know also that Thierry LaDuguie would write about Sentiment Analysis and Stock Market Timing and charting the S&P index here on ADVFN, when I had planned to continue writing about the concerns about […]
Feb 12 2014 @ 11:30
James Bullard is the President of the St. Louis Federal Reserve Bank. While all eyes have been on Janet Yellin the past several days, Bullard was in New York City this morning, speaking to representatives of the European American Chamber or Commerce. Aside from his address, he made a comment to reporters that, as Lincoln […]
Jan 30 2014 @ 08:08
The latest stock market setback has been triggered by distress from emerging markets and if you can remember 1997 this may feel like familiar territory. “Thailand ran into trouble in July 1997. Four months later South Korea’s president warned his countrymen of the “bone-carving” pain to follow an IMF bail-out. It took over a year […]
Jan 20 2014 @ 09:55
According to the National Bureau of Statistics, the Chinese economy grew at a rate of 7.7% in 2013. Its GDP grew at exactly the same rate. Hey, a 7.7% growth in either of those categories is considered enviable by many. On the other hand, I think that I recall hearing about certain Western governments (and […]
Nov 15 2013 @ 09:22
I’m a bit unsure this morning of exactly how to define “a winner.” The share price of newly relisted AIM member, Gusbourne Estate (
LSE:GUS) rose faster than the bubbles in a flute of sparkling wine. When the bottle was opened this morning the share price bubbled up from 74.50 pence to 99.50, and 25% increase. […]