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Looking at day to day trading patterns and trying to draw meaningful conclusions is by and large a mug’s game.

1 September 2017

Looking at day to day trading patterns and trying to draw meaningful conclusions is by and large a mug’s game. If one is looking at the last day of the month, especially of August, and trying to do so one is...



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Never mind the price; feel the quality!

31 August 2017

Never mind the price; feel the quality! Suddenly the end of the world as we know it has been put back in the cupboard and the sea of red has turned green again. Not that US indices had been in quite the mess which their…



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What the first five months since Article 50 was triggered have shown is that the existing rules don’t work.

30 August 2017

Best we don’t deceive ourselves. We are still in the silly season, albeit its dog-end. The Dow rebounded on what was the second lowest volume day since July 18th but in Europe there was something very different afoot where the Dax traded over 100...



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