The bitcoin bubble

PUT the word Bitcoin into Google and you get (in Britain, at least) four adverts at the top of the list: "Trade...

Picking a fund manager? The odds aren't great

WHO wants mediocrity? That is what a lot of people say when the subject of index-tracking, or passive fund management, comes up....

A positive sign from the bond market

THE stockmarket's positive mood has managed to survive the tensions over North Korea's nuclear programme. In part, this is because investors...

Will credit cause a slowdown?

IF THERE is a consensus at the moment, it is that the global economy is finally managing a synchronised recovery. The purchasing...

The bond market defies the doomsters

THE yield on the ten-year Treasury bond fell to 2.13% on August 28th, after North Korea fired a missile over Japanese territory....

Capitalism and the absence of creative disruption

NINE straight highs for the Dow Jones Industrial Average might suggest that all is well with capitalism. But on the contrary, they...

Capitalism and the absence of creative disruption

NINE straight highs for the Dow Jones Industrial Average might suggest that all is well with capitalism. But on the contrary, they...

A tale of two markets

THE DOW Jones Industrial Average closed above 22,000 on August 2nd, something President Trump is almost certain to mention in a tweet...

From Russia with risk

BE CAREFUL what you wish for. Traders were bored last week and now they have got some excitement. The US equity market...

From Russia with risk

BE CAREFUL what you wish for. Traders were bored last week and now they have got some excitement. The US equity market...

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