“For the loser now will be later to win, for the times they are a’changin’“Bob Dylan “There are decades when nothing happens and there are weeks when decades happen”Vladamir Lenin On The Money: Alan Steel What an astonishing time we’ve all had this last four months. The times sure are a’changin’ all right and Dylan […]
Lockdown and the risks of computer muddling
On the Money: Alan Steel “New beginnings are often disguised as painful endings!” Lao Tzu, 6th Century BC After I left primary school, I had to cycle a mile and a half to the “big school”. Living in Scotland you quickly learn to establish what the weather’s going to be like before setting off. As […]
Lies, damned lies and fake statistics
“If tomorrow everybody was your friend. Anyone could take you in, no matter what or where you’ve been. If tomorrow everybody had enough. The world wasn’t quite so rough. Don’t you wish it were true? If tomorrow everybody under the sun, was happy just to live as one, no borders, no battles to be won. […]
Let’s hope the experts have called it right on the lockdown
On the Money: Alan Steel I’ve been in the financial advisory industry for over 47 years now and I’ve never seen anything like this before. I survived the 1973/75 stock market crash when the FTSE All-Share Index fell 72% peak to bottom when after months of red prices and anguish, prices plummeted in the last […]
Loo roll index soars as investors catch selling bug
On The Money: Alan Steel Does anybody remember Black Friday 13 October 1989? How about Black Monday 19 October 1987? No? Well on the first day a reported “mini-stock market crash” knocked 191 points (or 6.9% if you prefer) off the Dow Jones Index. Why was that you might ask? What could be so serious? […]