The pressure on the City of London as a global centre of financial excellence is mounting – a disconnect between costs and fees, an irrelevant stock market, and a dysfunctional fixation on process and bureaucracy leaves the investment management industry struggling.
Stocks are taking a breather this week after a succession of successive record highs. With the Fed now deep in QT, how can the market be rising when liquidity is supposed to be tighter, and underlying conditions tougher? Somethings just never make sense…
It’s been a “meh” year for the UK markets, but they’re marginally up on the year. The outlook for a rusted economy, crashing discretionary spending, and an imminent housing collapse looks bad. As the UK electoral cycle kicks into high gear.. markets are in favour of change.
The UK stock market hit a new high yesterday! And its all due to Brexit – apparently? Sometimes we bet on red and it comes up black. As long as the UK remains delusional about making a bad call, the nation will continue to underperform and sink down the league tables. We could make national honesty a strength!.






