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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With allegations of out-sourced workers at Apple’s iPod factories in China working in almost slave-like conditions – the one beneficiary of this has been the unsuspecting consumer. For the first time in the history of Apple, we the consumer, have never had it so cheap. Whilst Apple computers were always ‘cool’, the cost of...
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Looking at the headlines today you’d think we were on for a renewed spurt in house prices and spending in the UK after the British Bankers Association (BBA) released it’s latest figures for May. Read the actual report and you’ll see something totally different, consumer spending and debt is getting out of hand again....
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A few weeks back the market sentiment was that the Fed would slow down its onslaught of gradual rate increases by skipping any increase this month at the 29th June meeting. However, over the last few weeks it seems that Fed officials have began preparing the ground, not only for an increase, but likely...
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