The recent spike in crude oil has less to do with rising global demand and more about a disruption to global oil supply due to a changing geopolitical landscape in Middle East oil rich region. World top oil trader, Pierre Andurand forecast early in the year of “$100 oil by 2020”. In light of the …
Rothschild remains risk-averse
Jacob Rothschild, chairman of RIT Capital Partners remains risk-averse, writing in his full-year results for the £2.7 billion investment trust has warned that “70 years of prosperity is now at risk”. “More than 70 years of hard work in creating the post-war, rules-based systems of trade and mutual self-interest is in danger of being thrown …
Back-pedal Brexit
Darren Winters takes a look at the potential back-pedal Brexit. The EU might indeed be a club with “no exit doors”. So it is now clear as day that a soft Brexit is, in reality, a pipe-dream, after all, nobody abandons the “28 members strong gang” easy without a few broken limbs. If life outside …
Profit Without Forecasting
Can stock traders really profit without forecasting? Yes, according to according to Edgar Genstein, the author of a book entitled “Stock market profit without forecasting” In his book, “Stock market profit without forecasting” Edgar Genstein offered up two of the most important paragraphs probably ever written on investing, according to Jeffrey Saut, the chief investment …
