Posts Tagged ‘FTSE 100’
Fools Gold?
A couple of days ago, the FTSE 100 index rose by about 2% and gold reached a new high. In addition, the economy shrank by only 0.3%, compared to the experts' predictions of 0.4% and the banks had a Supreme Court judgement in their favour. So why the continuing uneasy feeling? Next year, interest rates are going to rise and that means that borrowers, both corporate and personal will begin to have difficulty in repaying their loans. This means another wave of write-downs for the banking [...]
FTSE 100-99-98…….
The FTSE 100 index held its value yesterday - that's in spite of the bad economic news and the announcement that the United Kingdom is still very much in recession. The FTSE 100 seems to be almost impervious to any bad data that can be thrown at it. GDP data should have shocked the market because it showed that the UK economy unexpectedly contracted in the third quarter. Sterling tumbled more than a cent against the dollar and gilts jumped. On the face of it - nothing seems to make sense [...]
Conservative Party Conference week.
Boris Johnson once again has showed his leadership credentials by being approachable, witty and engaging. He does make the rest of them look a little bit pedestrian. In spite of his shambolic image, you can sense a rod of steel running through both his speech and personality. One to watch for the future. Imagine a TV debate between Boris and Gordon Brown. It will never happen - but what a prospect. Boris Johnson and friend George Osborne's [...]
Friday October 2nd 2009
Ethiopia has suddenly become the focus for all anthropologists. An ancient skeleton was found in 1992 and it has taken 17 years for the research team to rebuild it. Why all the excitement? The skeleton belongs to an in-between species of humanoid about 4.4 million years old. It has been designated Ardipithecus Ramidus. It is not “the missing link” but by extrapolation, it appears that it is probably about 9 million years since the division between apes and humans. So where was John [...]
Thursday October 1st 2009
A survey has just been published of the world's top Broadband Countries - taking into account speed etc. The United Kingdom is languishing in 25th place. The top country? South Korea. Is this another indicator of the rise of the East and the slow eclipse of the West?. The Daily Mirror has adjusted its reportage of the Tories today - presumably in response to the Sun's decision to back the Tories. It's going to be a right mess leading up to the election. The gloves are off [...]
Monday September 7th 2009-Friday September 18th 2009
Friday September 18th 2009 There has been some concern that Romell Broom may have suffered mental anguish when two Ohio State officials failed to find a vein in order to deliver a fatal injection. According to Broom’s lawyer, Broom had suffered both “mental and physical injuries” and apparently became distressed and appeared to cry. Broom was convicted of raping and then killing a 14 year-old girl. We’re too fat, we drink too much alcohol, we’re unfit, we ingest female [...]
Is there “naughtiness with intent”?
" Mr Banker, would you please move your head just a little bit to the side. It appears to be blocking your backside." One of the conditions of the Government's bailout of the banks was that no dividends were to be paid until any loans (the debts to the taxpayer) had been repaid. It was that condition which caused the participating banks' shares to be dumped this week. That caused quite striking drops in share prices. In fact, they all nose-dived. HBOS shares fell so much that it is pretty [...]










