Category Archives: Main Page

My family have started playing a car game as we drive around. When we drive past new property listings we each take a price guess while one of the passengers looks up the listing to name the winner. Even with … Continue reading →

JP Morgan missed its lowered guidance this morning and set aside another billion for upcoming legal costs. More like “illegal costs” because it’s their illegal conduct that has caused these expenses. It has slowly been getting harder for the big … Continue reading →

Reality dawning for blind believers: central banks cannot drive the world economy. Forecasters in the public and private sector have been ridiculously optimistic and financial markets have been rising on reckless leverage and wishful thinking… Mohamed El-Erian, a Bloomberg View … Continue reading →