Stocks are up, the gold price is down. That’s an unusual combination. It suggests the Covid-19 crisis is over. The gold price rallies on stimulus and on concerns over the financial system. Gold is an inflation hedge and protects from…
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Software still needs hardware. And hardware still needs to be manufactured by someone…
My father-in-law just fell out of our hammock. He landed on the balcony terrace with a smile that slowly went sour. Because the flat above us is empty, a family of birds recently moved into the balcony above to raise…
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Who spots the ten-baggers first?
You might think that insiders are the first people to cotton on to a trend. Or perhaps wealthy investors figure it all out beforehand thanks to their “contacts”. But my friend Nick O’Connor has discovered an alternative indicator of impending…
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How to not invest your money…
I’m licensed to give certain financial advice in the UK and Australia. But this doesn’t seem to help me much when it comes to investing my own money… I don’t mean that my investments perform badly. In fact, the only…
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How to profit from the post-Covid homeless generation
Today’s Exponential Investor gets a little personal. Because the last five years of my life could provide an insight into what’s about to happen to generations of Britons. It’s all thanks to Covid-19 and a breakthrough technology about to be…
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The recovery is now the biggest risk
The FTSE 100 bottomed out on the very day the UK’s lockdown began. Which means that stocks crashed as Covid-19 first emerged, rallied as we reacted to it, and have since gone sideways as the economic impact hits the news…
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Why wise investing should look like Greek to you
What if investing in the stockmarket were risk free? Before our compliance team has a panic attack, I should clarify that it isn’t. Which is both true and we’re required to repeat it ad nauseam for legal reasons as well….
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Will bitcoin undermine the Legacy Financial System, as intended?
This morning’s radio told me something it hadn’t before. The bitcoin price – it was up about 1% according to the announcer. They slipped the new addition into the end of the usual financial market update. It isn’t the price…
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Strange correlations reveal it isn’t asset prices that are on the move
Back when I still wanted to be an investment banker, conveniently during the greatest financial crisis since the Great Depression, I had to take the banks’ exams and personality tests before getting any job interviews. I can only remember one…
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Divergence in the good times, convergence in the bad
The euro is falling apart before your very eyes. And stockmarkets haven’t reacted at all. Should I add “yet”? The news is certainly bad enough to sink markets. The global chief FX and rates strategist at Danish bank Nordea called…