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IF THERE is one thing to remember about history, especially political and economic history, it is its ability to repeat itself time and again without people learning the lessons of the past. Take the current economic situation with the eurozone countries desperately trying to get themselves out of the mire, without any of them losing face or seeing an obvious ‘winner’ to come out of this difficult [...]
When it comes to the markets it’s now time for a serious reality check…a really serious reality check. If not some people are going to get burned – badly. As you might have heard the Dow Jones Industrial Average has had a good September. So much so that it has been said that it has [...]
‘Rally’, ‘recovery’ and ‘rebound’ appear to be the watch-words of the moment. But should we really be so hasty in using them to replace the much-touted and much talked of ‘recession’? It’s a question that many of us, and many of Wall Street’s finest, are currently asking – and for good reason. While it is [...]