Monthly Archives: September 2014

japan lab rat

Japan: The lab rat is experiencing confusion….

The Japanese stock market is hitting new highs as the Yen continues its slippage. However, the world’s most dangerous financial experiment is still struggling to deliver tangible reflation results.

September 19th, 2014 by

Debt

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trader bored

Trading stat that makes you go hmmmm…..

Yes, we know companies are availing of cheap funding to buy back shares; some might call it smart financial engineering, others might see it as massaging of EPS growth rates and management options packages.

September 18th, 2014 by

Style & Sector Trends

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china oil

Is the oil price confusion related to China…?

We have commented on these pages, and others have queried the strange fact of oil price slippage in the face of massive geopolitical headwinds in the Mid-East and Ukraine. But maybe the commodity price slippage is more demand driven?  

September 18th, 2014 by

Debt

Comments: 0

alibaba

NASDAQ looking a bit knackered….

We often look to market leadership in the technology and financials sector so as market highs are hit it was striking to see a Bloomberg article highlighting how badly technology stocks are faring right now…

September 18th, 2014 by

Style & Sector Trends

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scotland free

Darling, we’re leaving…..maybe!

Here we go… the UK awaits the results of a tectonic level vote from its northern subjects. The expected turnout is expected to be above 90% and the betting expects a “NO” vote. Both could be wrong.

September 18th, 2014 by

Editorial

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mario super

Chart of the day: EU vs Emerging Markets…bring on Mario!

Emerging markets indices have decoupled from Europe in the past 3 months as growth worries shift East to West. Super Mario has much work to do….

September 11th, 2014 by

Technical Trends

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lufthansa

High yield bonds flying in Europe….

Growth hits a wall, Mario drops interest rates and Europe just shuffles along. While investors now have the pleasure of paying the Irish government to lend them money the thirst for yield remains unsated….

September 11th, 2014 by

Debt

Comments: 0

facebook 2.0

Facebook 200.0….or $200 billion?

Sorry folks, don’t want the headline to confuse. Obviously, the Facebook social network is  not launching a new product because it’s not really a product but a social network platform/service. The $200 billion franchise valuation is a fact. 

September 11th, 2014 by

Technology

Comments: 0

hold Scotland

Hold, hold, hold……..Scotland!

My, my, my…..Queen Elizabeth’s United Kingdom is on tenterhooks as to whether 5 million Scots might choose to go it alone after 307 years. This writer’s sense is that it won’t but the devolution damage is done.

September 11th, 2014 by

Editorial

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enda happy

Headline of the day…..Ireland!

Well, well, well….. the credit slaughterhouse sovereign called Ireland which not long ago went cap in hand to the IMF and Frankfurt for a bailout is now in the happy position where lenders pay them to borrow!

September 5th, 2014 by

Debt

Comments: 0