Yesterday’s US election result came as a shock to many people and I’m sure you will have strong feelings about it too. Many observers took to social media to report their surprise and despair at the result.
The US election is upon us and it promises to be a huge night for the American people and of course for financial markets as well. I do not live in America and I do not know much about the political process there but it has been impossible to not get drawn into the debate.
No matter your political view there is no doubt that the financial markets are more nervous about a Trump victory than a Clinton win. This is exemplified by recent price movements in safe haven assets like gold, the US dollar and stocks.
The 4th of July US holiday always seems like a good time to reflect on what is going on in the world and the current situation in financial markets. Unfortunately, the events of the last couple of weeks have caught many traders by surprise and many have lost a lot of money. Let’s analyse what’s been […]
In a few hours time we will see the United Kingdom head to the polls to decide whether or not to stay in the European Union. This long-awaited event has dominated the financial news for the last several weeks and drawn opinion from all over the world.
I tweeted earlier and advised that now might be a good time to reduce exposure to riskier assets such as stocks and seek haven elsewhere. The looming EU referendum that is expected to take place next Thursday 23 June in the UK has already contributed to some steep falls in European shares and the British pound. It […]
The Fed cut rates back to zero, Facebook becomes the biggest company in the world and Donald Trump causes the next Great Depression. Read on to see my 10 Outrageous Predictions For 2016 and let me know what yours are…