Yes folks, we live in the most heavily surveillanced times ever. Not only are our communications increasingly monitored, but almost every aspect of our lives from our movements, our associations and now with ‘smart phones’ and internet TV, the ability to snoop even on our private conversations. So when you unwrap that new gizmo, such […]
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Embroiled in litigation and a war of words over Mediaset Premium, Bollore’s has parked his proverbial tank on Berlusconi’s lawn by announcing a 2o% stake in Mediaset on the 14th December (http://www.vivendi.com/en/press/press-releases/vivendi-reached-the-20-threshold-of-mediaset/) and if he didn’t get the message, a further announcement yesterday (19th December) of his intention to take Vivendi’s stake up to 30% […]
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The gold price might be troublesome to predict, but at least the relationship between this and the share price of gold miners such as Barrick are proving to be more reliable. Back in July when I initiated coverage, I suggested markets were applying what seemed to be a ridiculously simple valuation methodology. Forget IRR with […]
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After raising its Federal funds target range to 0.25-0.5% in December 2015, Yellen has waited exactly a year and now edged up rates a further +25bps as the target range is raised to 0.5-0.75%, while also signalling that these could rise to around 1.4% by the end of 2017, thereby suggesting three further +25bps increases […]
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Reading this morning’s press reports on Murdoch’s £10.75 per share agreed offer to buy out the outstanding 61% of Sky he doesn’t already own, one thing becomes clear. With the bid coming from 21st Century Fox this time rather than News Corp, the consensus narrative is that this is expected to reduce the regulatory risks […]
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No sooner than IDC release estimated data for the top 5 global ‘wearable’ devices for the Q3 showing a -71% collapse in Apple Watch shipments for the period (see table below), than Apple’s CEO Tim Cook jumps straight back in with one of his now infamous selective disclosures to the press to talk the product […]
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Is Italy really limbering up for a rejection of the Euro and a return to the lira, or just bluffing? The narrative would appear to be, that if the ECB won’t bail out the Italian banks with fresh Euros, then Italy should do it itself by returning to the Lira. Whether the threat cuts much […]
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Hang on, according to the ‘experts’, this wasn’t supposed to happen! Having been fed a diet of gloom by everyone from Hedgies (Bridgewater), Academics/Economists (Dartmouth/MITI/Krugman), Banks (Citi) and wealthy investors (Mark Cuban – see end for links) should Trump get elected, markets have done what they do best and confound the experts, with US equity […]
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