Earnings reports tell you a lot about a company as you follow it quarter by quarter. Does the company deliver on its promises? Can he handle problems? Are the CEO’s comments accurate and does he or she take responsibility for mistakes or explain when things go wrong. However, if taken on a separate basis, earnings … Read more
TThis week, the Bank of England joined the ranks of “enemies of the people”. Cursed for the governor’s somber but careful assessment that UK consumers are facingapocalyptic“Food prices soar, the bank found itself on the front pages of populist press. The old lady stood on Threadneedle Street accusing her of “Sleeping at the wheel“With prices … Read more
Markets slumped over the past month, as the Federal Reserve telegraphed that it would regularly raise interest rates by half a percentage point for the foreseeable future to combat persistent inflation growth. Wednesday, daw (INDU) It lost more than 1,000 points and the broader market lost 3.6%, putting Standard & Poor’s 500 (SPX) On the … Read more
