We wonder if Ben Bernanke got any sleep last night. Though Mr Bernanke has had an illustrious career to date, no one can be in any doubt that today will be the most important day of his life. The markets and indeed the world wait with baited breath to hear from Mr Bernanke. Hyperbole?...
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Archive for June, 2006
Did Ben Bernanke get any sleep?
Will Apple or Sony ever get portable video off the ground?
Steve Jobs said it, the low sales on the Sony PSP indicate it, and the failure of video 3G on mobile has proved it. Yes, who wants to watch Star Wars on a one and a half inch screen when you can watch it at home on a fifty-inch plasma with seven channel sound...
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Nortel hangs on – just
The once mighty Canadian telco company Nortel announced that it would axe a further 1,900 jobs as part of its ongoing and seemingly fruitless effort to turn the company around. Nortel has suffered a massive series of insurmountable setbacks over the last few years since posting an astonishing $19.2 billion write-off six years ago....
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Japanese property crash to repeat in UK ?
Hot on the heels of comments from the FSA yesterday about irresponsible lending by investment banks and brokers to risky customers with poor credit records – we now hear from the Financial Times that a number of specialist mortgage lenders are to introduce instant mortgage approvals over the telephone or online without even requiring...
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UK mortgages – which way FT?
Of course we all live or die by our headlines in this business, but surely we should expect the Financial Times of London to have a more consistant view point on the economy and markets, especially within the same day, and especially by the same author. We’ve been known to sway a little ourselves...
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