Automation, robotics, and 3D printing will obliterate China’s low-cost, state-subsidised manufacturing industry.
Many of the world’s smartest investors fear the worst and hate stocks, but love gold. If you ask me, that doesn’t make any sense. Here's why...
Everything about the International Monetary Fund (IMF) is designed to make it difficult for outsiders like you to have any idea what is going on. It prints money like most central banks, but this world money has the opaque name of special drawing right, or SDR.
The decision to cut rates by the MPC was part pre-emptive strike, part guess. That’s right, cutting rates now was in fact a guess as to what’s coming for the UK.
What we are witnessing in the US and Europe is the tip of the ‘social and political revolution iceberg’. When people lose jobs, money and hope, the social mood darkens.
Now the Brexit vote is over, the sterling will suffer yet another blow. With the Leave vote winning, we have seen a sudden loss of confidence in the Pound.
So whoever wins the election on Saturday inherits an economic time bomb. That they don’t know it doesn’t make it less so.
The real question now after the EU Referendum, not just for the UK but the financial markets as well, is how to construct the exit plan.
Quality stocks can’t keep you insulated from crashes. But they do rise again after periods of negative volatility. This makes any market turbulence an opportunity for investors.
The Brexit has caused havoc across continental Europe. Financial markets are shocked. But this isn’t a time to panic.