Rally

I have been watching the latest US rally with some interest and each night when I review the markets I notice an interesting thing. The rally is extremely lumpy in its distribution. Have a look at the graph below which compares the rally in the major US indices to the FTSE100, ASX 200 and the…

Details

Infrastructure

I found these two neat little charts courtesy of the OECD Strategic Infrastructure Needs to 2030 which seems to have been assembled by a cast of thousands. This first chart looks at competitiveness versus quality of infrastructure. As you can see in terms of the OECD we are only just hanging in there and we…

Details

$100 Later

Earlier this month I wrote about a talking head who suggested that traders should go short Apple based upon the fact that it had – a) Gone up a lot and that is bad b) Long in the tooth – which is obviously a technical term that I dont understand. So what has happened since…

Details