ETF Prophet provides daily stock market and ETF commentary(*) using technical, quantitative & fundamental analysis from twelve active traders.
I've had a lot of time to kill over the last few days thanks to busy travel schedule made even busier by the volcano. We were due to fly from Vancouver at 4 on Thursday via the cheapo Canadian Affair (Thomas Cook airlines). The website kept saying the flight was due to leave for Gatwick [...]
Apologies, but I need a rant this morning. This morning I work up in a great mood that was soon dashed. I've thoroughly enjoyed living in Vancouver throughout the winter Olympics. There has been a great atmosphere in the City with residents keen to soak up the atmosphere and get involved where possible. The outpouring [...]
I love this quote from Warren Buffet: "It's only when the tide goes out that you find out who's been swimming naked" For me it kind of sums up this whole financial crisis. From RBS to Greece, the common thread is of companies and governments engaging in a) high risk strategies for short term gain [...]
The FT have put up an excellent presentation on the reforms proposed by President Obama Clicky As the conclude at the end, it will be interesting to see what kind of watered down reform gets through congress. Very interesting interview with Volcker here
I touched on this in a previous (rather rambling) post. Up until now, there have been no real hard hitting reforms in regard to banking regulation. Well that all changed today. Just in case you missed it, here's a summary of the news. In effect, Obama has announced much tougher banking reforms than many people [...]
Change we can believe in? There was a heck of a lot of talk in the intimidate aftermath of the credit crunch regarding regulatory changes that would be made, but what if anything has actually been done? Sure there are some capital ratios that have been tweaked, but what about wider, more pervasive changes? My [...]
Some reflections on the PBR Greece had its sovereign debt rating downgraded this week. It now has the lowest rating in the eurozone, closely followed by Ireland. So what does this mean for the UK's credit rating and does it matter? Following the PBR, UK CDS widened. According to CMA vision, the UK's sovereign debt [...]