I can really see a trader on a desk in an investment bank looking at the RSI or MACD or Averages etc or lines to decide whether to take a ...

AUDUSD misses bullish target; bias neutral-to-bearish

Sagacity at its finest!

U.S. Economy Has A Sinking Feeling: IBD/TIPP Poll

Bravo!

We’re not ‘inflation nutters,’ top Bank of England economist says

I think the tightening legislation and reduced tax advantages will cut some of the chaff...

UK house prices fall as market continues to cool

Let's go with the models and methods that have been taught by professors in our esteemed and venerated institutes of learning for the past 50 or so years. There are economics courses around that are questioning the mainstream approaches (which for ...

BOE's Pill: Gas price increase is a big shock for the UK economy

I'm still trying to wrap my head around the 'logic?' that suggests squeezing the economic life out of ordinary people in addition to the already 10% or so downgrade in their month to month incomes due to inflation that emanates largely from the ...

BOE's Pill: Gas price increase is a big shock for the UK economy

Yep - cash heavy investors looking for more assets to park their money. Only amongst certain classes of asset heavy individuals.

UK house prices fall as market continues to cool

This conversation has largely focussed on owner-occupiers, and while the points on both sides do have veracity there is a whole (substantial) area of residential property that hasn't been considered. i.e. the private rental sector. That opens ...

UK house prices fall as market continues to cool

It must be a great source of embarassement to the Chinese leadership that Covid originate there and they failed to contain it before the world was infected. This has perhaps more to do with saving face than protecting their population?

China reaffirms its commitment to zero Covid policy amid rising case numbers

If the only credibility in an Authoritarian System is to be derived by showing how authoritarian you can be, and the next person of necessity does the same, the outcome is a race to ever increasing levels of Authoritarianism.

Chinese Leaders Weigh Steps Toward Zero-Covid Reopening, But No Timeline Set - Sources -- WSJ

He's not going to rebuild the economy by allowing those that benefited most (the rich - including him and his chums) from the great give-away to keep their spoils while crippling the backbone of the economy with more taxes and austerity. It doesn't ...

‘The old UK growth model is dead’: What a long-term weak pound means for Britain

Right on the same page @Vancarbon. Couldn't have said it any better... Same problem in the UK. 600bn to 1% and now they want to squeeze the already poor (but don't fully realise it yet) and getting poorer by the day even more to pay for it! Methinks ...

US Dollar’s Suffers Biggest Drop 7 Years, Is That the Start of Something

Right now it's a bit of a pi$$ing contest between the CB heads to who who has the most street cred...

BOE Gov. Bailey: If we do not act forcefully now, the consequences will be worse later

That much is true, but what about all the "transitry" speak that came from the CB community as a whole? The real cause of global inflation is how much free money was given out.

Monetary Policy Report - November 2022

"BOE GOV. BAILEY: IF WE DO NOT ACT FORCEFULLY NOW, THE CONSEQUENCES WILL BE WORSE LATER." Right idea but woefully behind the curve just like all the rest of the CB talking heads!

BOE Gov. Bailey: If we do not act forcefully now, the consequences will be worse later

"Broadly Anchored"? What the hell is that supposed to mean? Added. As a former Lawyer and Politician, using grand phrases that mean little of nothing is absolutely her stock in trade.!

ECB's President Lagarde: Inflation expectations are broadly anchored at the moment

I always thought the NI protocol had the primary objective of preserving the GFA (or so EU/ROI would have everyone believe). And one of the primary goals was the power sharing within a functioning devolved government. Given that this goal is not in ...

Brexit: Northern Ireland Protocol bill continues amid election uncertainty

Mixed messaging going on.

BOJ's Kuroda: Japan has history of suffering from strong yen

The more opaque they make everything and use that kind of verbiage, the more they seek to give an impression that they are really smart and know exactly what they are doing, while discouraging everyone from looking under the bonnet (hood for our ...

ECB recalibrates targeted lending operations to help restore price stability over the medium...

There's loads of us think that way, and I'm glad he's gaining a stronger voice. It can only be a good thing!

Can Sunak steer UK economy through 'profound crisis'?