As a long term investor our efforts are focused on finding companies capable of increasing their intrinsic values through their own efforts. Ideally, we are trying to identify high quality businesses facing short term, but surmountable, problems, but whose attractive long term prospects are intact. In…
Finance
Markets Have Got Ahead of Themselves
The rebound in equity markets resumed in force. Global equities gained as much as 10% in local currency terms and as of Friday were up 21% from their March low. The US has led the rebound and has risen 25% from its low point. The recovery in UK stocks…
What We Really Need Is a Centralised Fiscal Response
One of the reasons the market is “cheering” any hint of a potential end to the lockdown is the hope of limiting the damage to the real economy caused by COVID-19. Developed world governments decided to go into lockdown knowing that it may cause the deepest recession we have…
Norwegian Banks Well Placed to Deal with Covid-19 and Falling Oil Prices
Norwegian banks look well placed to deal with the twin challenge of falling oil prices and a Covid-19 related contraction of GDP, thanks to their solid earnings capabilities and sound solvency positions. “With their solid profitability and sound solvency positions, Norwegian banks have capacity to absorb higher loan losses and…
‘Coronomics’: How a Pandemic Can Impact World Economics
In response to the developing coronavirus pandemic, Professor Miltos Makris of the University of Kent’s School of Economics explains the current and potential implications for the world economy. Explainer: covid-19 and Worldwide Recession ‘The almost simultaneous lockdown of several countries will have a major negative impact on economic activity…
Coronavirus Lockdown: Massive Surge in The Use of Fintech Apps
Coronavirus-triggered social distancing, isolation and lockdowns have driven-up the use of financial apps in Europe by 72 per cent in a week, reveals deVere Group, one of the world’s largest independent financial advisory organisations. The sharp increase in the use of financial technology comes as the world readjusts to life…