The Long Wait – Bank of America - April 22, 2008 13:24

Well they didn’t disappoint, Bank of America joins the bailout/writeoff club big league, they even went one better and managed to miss already easy street estimates. BofA posted Q1 earnings of $1,21Bn or 23 cents a share, the estimates were looking for 43 cents. Thats not just missing the barn door, thats being at the […]

The Weekly Report - April 20, 2008 20:46

Welcome to the Weekly Report. This week I have to highlight conditions in the bond markets as a priority, we maybe about to endure a bust of quite large proportions. I will also look at some longer term stock market indicators, confirmation that the Bank of England will follow the US and show why the […]

The Cost of Banking - April 18, 2008 19:18

It is becoming more apparent that the cost of banking is weighing heavily on the financial sector. The continuing list of firms requiring capital injections rises by the week. Whilst some would have you view this as banks “strengthening” their capital base, I would view it as bailouts, begging – pure and simple. These bailouts […]

Falling dollar helps some blue-chip stocks? - April 18, 2008 9:14

The news about consumer prices continues to get worse for Americans.  Record wholesale and consumer prices were reported again earlier this week.  Gasoline surpassed a national retail price average of $3.40 per gallon today (April 17), and more price rises are expected.  Milk, cheese, eggs, and other basic grocery items continue to sell for high […]

Gas prices set new record - April 17, 2008 15:41

The national gas price average climbed to another new record at $3.365 Friday (April 11), according to the Oil Price Information Service.  This was the most recent in a sequence of several weekly record prices.  Oil set a new record high above $112 per gallon earlier in the week, which along with the pending summer […]

Dollar reemerges from the shadows - April 4, 2008 9:08

The US dollar has reemerged for the second time in the last couple weeks.  It seems possible the greenback may be nearing a bottom, or perhaps reached one already, considering the firmness it has maintained in recent weeks.  The currency had been on a perpetual slide since the middle of last year, falling significantly in […]

The Credit Crisis Is Over - April 3, 2008 10:08

Hurrah and huzzah! The credit crisis is over, it’s all sorted, everything is fine and buying opportunities abound.

The interaction of new lending facilities- will yields rise? - April 1, 2008 12:57

The interaction of new lending facilities- will yields rise?

Gold Ticks Higher as European Inflation Soars - March 31, 2008 17:50

THE SPOT PRICE of physical gold bullion gave back half of an early 0.8% gain in London on Monday morning nearing the end of the first quarter almost 12% higher against the US Dollar.