At the time of writing the Brexit vote is still not entirely certain. However, the markets have delivered their verdict.
OK Given that a large part of China’s wealth is trapped in unproductive investments, it doesn’t inspire confidence about China’s ‘rising middle class’ and ‘rising consumer society’.
Interest rates are pinned so low that the hunt is on to find yielding assets and buy them. That’s before investors get pushed further and further up the risk scale.
As we began to look into famous historical instances of hyperinflation, it became clear that the presence of an alternative form of money was the key to hyperinflation.
Being told what to do and how to operate by unelected and faceless Eurocrats would be enough for me to vote for a Brexit.
Guarantor home loans may allow your kids to take the leap from renting to ownership sooner…but they can also ruin your financial life…and theirs.
Right now the UK pound is weaker because of fears of an exit. If you’re prepared to bet they stay, you’d go long the pound.
Contrary to what you might think, we didn’t once touch on China’s credit quality and growing debt issues. You see, Chinese tend to look at very different indicators than IMF economists.
It doesn’t look great in the short term for gold and stocks. Gold should see a major crash to — at least — US$931 per ounce, and stocks a hefty correction.
Best case, more of the same. Worst case…now that’s the BIG problem we’ve been building to. I think deflation is going to tighten its grip on the global economy.