US debt ceiling
Remember when the S&P cut the credit rating for the US, the world's most reliable borrower, sending violent waves of unease throughout global markets?  In 2011, political deadlock in the senate led to a government shutdown because an agreement couldn't be reached on whether to raise the debt ceiling. Congress...
Donald Trump
Trump has shocked the world and discredited the pollsters by winning the 2016 US election to become the President-elect. Initial reaction in the markets was to be expected; those of you up at 4.00am London-time may have seen spread betters such as IG and CMC pricing the FTSE 100 at...
The summer of 2016 has been one of complacency. US stocks have drifted to record highs on numerous occasions and global equities remained broadly range bound. Yet record highs haven’t been achieved by booming earnings or expectations of increased economic activity. Gains in equities have been caused largely by investors...
Last week Deutsche Bank had a devastating fine imposed on it by the US Department of Justice. The sum was $14bn, a figure that Deutsche Bank simply doesn’t have to hand. Even a quarter of this would mean potential capital raising and period of share price depreciation. Shares in Deutsche...
mark carney
Mark Carney answered questions from schoolchildren in Coventry this morning, covering a diverse selection of topics from the Bank of England's decision to lower interest rates to his guilty pleasures. More like a politician than the Bank of England governor, Carney diplomatically sidestepped a tricky question the competencies of David Cameron...