28 Jun

Common Statement by the Foreign Ministers of Belgium, France, Germany, Italy, Luxemburg and the Netherlands, (25.06.2016)

http://www.diplomatie.gouv.fr/en/the-minister-and-the-ministers-of-state/jean-marc-ayrault/article/common-statement-by-the-foreign-ministers-of-belgium-france-germany-italy It is to that end that we shall also recognize different levels of ambition amongst Member States when it comes to the project of European integration. While not stepping back from what we have achieved, we have to find better ways of dealing with these different levels of ambition so as to ensure that […]

13 Jun

An article worth reading

With sadness and tortured by doubts, I will cast my vote as an ordinary citizen for withdrawal from the European Union. Let there be no illusion about the trauma of Brexit. Anybody who claims that Britain can lightly disengage after 43 years enmeshed in EU affairs is a charlatan, or a dreamer, or has little […]

12 Jun

Are we standing at a cross road?

Friday the 10th June was by all accounts a horrible day in the European stock indices. We can speculate why investors decided to sell off equities. Was it the fear of Brexit? Was the market the victim of a low volume summer’s day? I don’t know, and I don’t particularly care either. First comes the […]

31 May

good post on Trump

I got this from Mauldin Economics. It’s quite to the point, and it highlights how little power the president of the US in reality has: Mauldin Economics: What would a Trump presidency mean for Mexico? George Friedman: Very little. Mexico is the primary export target for California and for the entire American Southwest. If you […]

30 May

the week ahead

I have enjoyed a rare Monday off work. The UK had one its dozen or so bank holidays today, and the US markets were closed for Memorial Day. It meant an opportunity to sleep a little longer and take a long walk along the beach and reflect on life in general. I grabbed my phone […]

24 May

Yesterday: waste of car journey and clean shirt :)

FROM ART CASHIN Narrow Meander Ends Where It Began Yesterday – Canada was closed Monday. Some traders wondered if New York was closed too, and they just forgot to tell us. U.S. stocks opened mixed and uncertain as their European cousins were mildly lower in thin trading. After waffling uncertainly for the first thirty minutes, […]

22 May

The week ahead

# What can we expect this week? # Will Fed raise interest rates in an election year? As we go into a new week, let’s look at the numbers from last week: FTSE: 6156 vs 6138: + 18 point DAX: 9916 vs 9952: minus 36 points Dow: 17500 vs 17535: minus 35 points It seems […]