Category Archives: Articles 2013

IPOs no longer NONOs.

After five years of near darkness, spotting indicators of a resurgence in UK economic activity is a hard habit to break. So, at least for now, the habit is indulged. Initial Public Offerings (IPOs) occur when a company is floated … Continue reading

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A market not ours.

An isolated introvert little island we are not. At least as far as the financial market is concerned. New figures from the Office of National Statistics (ONS) show that for the first time, over half of the £1.8 trillion value … Continue reading

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Oh no, surely not again.

John Nelson, chairman of Lloyd’s of London said recently that the insurance industry (try substituting insurance for banking and 2013 for 2008) needed to be “extremely watchful” and added “Insurance can be a dangerous business for those who do not … Continue reading

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Just a tiny bubble.

Perspective has always been more relevant than short-term comparatives. This was never more important than when considering all the stuff presently being written about an impending or current “property bubble”. Mortgage approval rates in the UK were around 107,000 a … Continue reading

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Confounding the doomsters.

Official figures from the Office of National Statistics show a UK GDP growth rate in the quarter to June 013 of 0.7% and this is the fastest rate since early 2010. As important, it is being regarded by leading commentators … Continue reading

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Plague on your pennies.

My last article “Eleven months of bull” pronounced that the rise in equity prices had not reached its zenith. This has proved to be so. Just ten days later the FTSE 100 has reached 6,600, its highest point since 2007 … Continue reading

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Eleven months of bull.

Since it was invented in 1984, eleven consecutive months of rising prices is a record for the FTSE 100. And April 013 may well not end the bull charge. Why when all news is war, pestilence and generally bad, is … Continue reading

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Eggheads.

It was the most masochistic moment: filling in an application form for Eggheads, that is. Being dulled by the passage of time only made the shock waves of a warm-water pool in Lanzarote the more severe as text messages of … Continue reading

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Come on you Brics.

“The world has a new economic bloc that is the driver of current global growth, and we see that it is underrespresented in the governance structure in the IMF. Maybe this is a challenge the IMF itself has to face … Continue reading

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U.S.A. – Up and away.

Whilst most economic viewers could be forgiven for being distracted by the Near East and the Far East, our cousins in the West have been quietly moving forward. Whilst little Cyprus has felt the cold wind of the hard winter … Continue reading

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