Other News

Sowing the seeds of the next crisis

Yay! Yet another record high for the S&P 500, the US benchmark stock index. But what’s this? A cloud in the sky over Europe? Apparently July could be a choppy time for the markets. Today’s FT tells us to expect a “bond drought” this summer. That’s because Eurozone governments are expected to borrow less over the summer than they pay […]

Read more ›

New ‘Experiencias’

“I love it here in Medellin” said a woman in her ‘50s. “It feels safe. The people are nice. The weather is great. And the prices are low.” This was the same report we got from other Americans we met in the city. (We weren’t there long enough to have much of an opinion of our own; we’re on our way to London now).

Read more ›

The mud and slime of pre-history

A vision of Hell troubles our sleep. It is the vision of what America will be like when the authorities have obliterated 5 millennia of monetary progress and have their boots on our necks.

Read more ›
That’s a good question…

That’s a good question…

I was having a chat with some of the guys in the office here. And my colleague Ben asked a question that’s quite possibly occurred to you or other readers. “Would that line have been any use to you at the time?” If you’ve been following Profit Watch the past couple of days, you’ll know what Ben’s talking about. We’ve […]

Read more ›

Old, fat and entrenched

“This city is great. It’s beautiful. It’s cheap. The climate is agreeable. And it’s becoming a haven for internet savvy marketers. I think they’re coming partly because it’s a great place to live. And I think young people want to get away from the US too. It’s just not the land of opportunity that it used to be.”

Read more ›
How this trend line clue predicted the ASOS collapse

How this trend line clue predicted the ASOS collapse

Yesterday we saw how important the humble trend line can be. It shows us the major trend for one thing. And once you know the trend, you have a great roadmap for potential trades. For another, when it’s broken, it warns us that a change of trend is probable. That’s important for two reasons. First, if you’re already trading with […]

Read more ›
Why this basic charting tool is so powerful

Why this basic charting tool is so powerful

How can you tell where a trend began? And how will you know when it’s over? I’m sure you’ve heard the old saying, ‘the trend is your friend’. And it’s true. If there’s a trend in play, you shouldn’t fight it. You should go with it – the path of least resistance – until it breaks. It’s a great way […]

Read more ›

Interest rates can’t stay this low forever

We finished last week looking at how Britain’s productivity has lagged behind as the economy’s recovered from the financial crisis. This is one reason many people’s living standards have also lagged. I argued that record low interest rates have distorted our economy and interfered with the ‘creative destruction’ process of directing resources to where they’re most productive. I also argued […]

Read more ›

The soup down below

We stumbled, shuffled and dragged both feet as we made our way down from our mountain ranch. Now, we’re sitting in the airport, waiting for a flight to Colombia.

Read more ›

Eyes on the bond market

This is the first time we’ve been in Colombia. Greener, more mountainous, richer, newer, more flowery – it is many things we didn’t expect. We’ve seen a lot of press on Medellin – It is supposed to be lively. It is “springtime all year round.” It is beautiful. It is safe.

Read more ›