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What else should we be worried about in 2008?
Else? Haven’t the headlines already been filled with enough fearful forecasts from financial experts apparently keen to outdo each other in their expectations of Armageddon?
Correct, but unfortunately it never rains, but it pours…
…and Yes, there’s another nasty out there, a time bomb waiting to nuke […]

Of course not. Ever tried deflating a balloon that hasn’t been blown up yet? Kind of hard to do, isn’t it?
When we think and talk about things, we often unknowingly accept and attach misleading labels to them, without giving it any thought at all. It’s sort of a “garbage in, garbage out” principle. We […]

So they did the dirty deed.
As forecast yesterday by The Fool, the Bank of England’s Monetary Policy Committee (MPC) has voted to reduce the Bank Rate by 0.25%.
But two more questions remain to be answered:
First, was the rate cut a good idea?
And second, how did the market know it was about to happen?
We weren’t […]

The repercussions of the global credit crunch remind me of throwing a very large rock into a still lake and watching the consequences ripple far and wide. In its wake, mortgages have already begun to get more expensive even though the base rate hasn’t risen since July. Now it’s the turn of personal loans […]

On September 18 the Fed cut its target for the fed funds rate by 50 basis points (0.5 percentage points), from 5.25% to 4.75%. The move surprised many analysts who had been expecting a more modest cut of 25 basis points.
For those versed in the Austrian theory of the business cycle, as developed by […]