Andrew Garthwaite of Credit Suisse has come over all Krona-esque on the sterling.
From his global equity strategy note:
We think that £/$ could weaken to 1.35 as we believe…



British europhobes love to portray the European Union as an evil bureaucracy, intent on creating a voracious super-state. There is no denying the club has expanded in recent years….



That’s chart above shows the price action in Palm after Peter Misek of Canaccord Adams said shares in the market of the Pre smart phone maker were worthless:
Due to Palm’s…



It’s become increasingly clear that economists are fractious creatures.
Recent spats include Niall Ferguson v Martin Wolf via Paul Krugman and the legendary dispute between…



From Barclays’ annual report, 2009, published on Friday:
Actually, that chart does not include the fruits of Diamond Bob’s holding in BGI, the asset management…



Ah, George Papandreou: FT Alphaville is starting to see method to your madness.
Greece’s prime minister continued his formidable run of attention-grabbing statements on…



Treasury secretaries and finance ministers around the world ought to thank their lucky stars they didn’t have to defend their handling of the global financial crisis to someone like,…



Oh dear. Fed tightening talk abounds and yet there’s still no evidence that all that extra liquidity has got into the system.
Note the latest M-1 multiplier data from the Federal Reserve,…



Want to ensure that your bank is well-managed? Then appoint a cynical Scotsman to its audit committee.
Such was the advice proffered, in apparent seriousness, by the UK’s…



When, in the spring of 2008, there came a sudden burst of CLO issuance, there was some speculation that the securitisations were being created to take advantage of a new Federal Reserve facility….



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