In its global outlook for 2012, HSBC Global Asset Management argues that frequent rotations in sentiment in markets reflect the fact that officials have been applying a 'band-aid' approach to addressing fundamental problems
Gardiner recommends investors take overweight positions in US and Europe ex-UK equities, as he says “the euro is not going to break up” and “the world is probably not going to follow Europe into recession”.
Testosterone, rather than neurons, may push male egos into ever-more-complex speculative bets, a gambling binge made possible by advanced technology, mathematical techniques, and globalization.
By my calculations, the next one will be due in 2014 – indeed, you are strongly advised to set your Swiss watch by it.
HSBC lifted its 2012 gold price forecast to $2,025 an ounce from $1,625 previously, while GFMS said it could “easily” see gold spiking through $2,000 an ounce by the end of this year.
The author of Extreme Money, Satyajit Das, says that governments are fixated on economic growth strategies to get out of the sovereign debt mess they are in. But he says they don't appear to have considered what will happen if growth does not recover
As usual, the recent Jersey Finance visit to Hong Kong and China was an organised frenzy of meetings, events, breakneck travel and careful diplomacy.