The CNN story here
shows just what a mess the banking sector is in. The sad thing is that the list of 250 banks ‘in trouble’ is only in the USA. When I clicked on the link, I was rather hoping that it was a global list. Perhaps it was less hope and more blind optimism. [...]
I am starting to wonder if the American government needs a torch. They seem unable to spot the black hole into which they are pouring money. They ought to use a BIG torch!
In the face of enormous competition globally, a slowing market and what appear to be many internal problems, GM keeps losing money. [...]
For those readers with a background in either finance or economics, the basic causes of inflation will be no surprise. For those of you that do not have a macro-economic background – the sensible ones! – here we go…
Inflation is generally caused by pressures that are either internal or external to the country concerned. External [...]
I found this on YouTube and thought I’d share it. It relates to the stock market crash and is super interesting – footage that takes us back in time. There are some parallels here for sure!
Today was a fairly bad day to be a shareholder in the United Kingdom. The idea of property rights – something that is vital in a modern democracy – seems to have been damaged somewhat.
Property rights are a central tenet of a modern economy. Without legal rights of ownership with a solid enforcement system, the [...]
Despite the credit crunch or crisis – depending upon your lexicon – politicians around the world have been clinging to anything positive and trying to avoid the word “recession” in any form.
Those brave souls that do use the word recession are playing it down in the hope that it will only last a few weeks. [...]
The last few months have seen incredible shifts in power. These shifts have related to finance (now governments own parts or all of most big banks), to energy (as the price of oil has dropped significantly) and to individuals (as jobs are vanishing) – amongst others.
There can be no doubt that as governments have taken [...]
A recent reading of the December Esquire magazine grabbed my attention. The main investigative article – by Stephen Armstrong – in the edition looked at the role of the “NatWest 3” and Enron as it may – or may not – relate to the current market volatility. The article starts with the idea that the [...]
Welcome to the StockExchangeSecrets.com blog.
The aim of this blog is to comment on the ways and moves of the stock market and to look at the underlying financial, economic and political realities.
We also will be hosting interviews that will look atsome of the unusual roles of people in markets. Our times involved in the world [...]