Opinion – Friday 4 October 2013

Apologies for the delay in today’s post but it was due to a problem with the internet connection in the office. Another fall in equity markets yesterday as the US Government shutdown continues with little progress between President Obama and Congressional...

Opinion – Thursday 3 October 2013

Equity markets all closed lower yesterday as the US Government partial shutdown continued with no end in site. Concerns are being voiced that the shutdown will have negative effects on the US economy and global growth. Fears are also mounting that the ongoing standoff...

Opinion – Wednesday 2 October 2013

A partial shutdown of the US Government has now been in place for the past 28 hours as Congress has still not agreed to pass Budget Funding Bills. Reports suggest that more than 818,000 workers have now been sent home without pay. Essential services workers are being...

Opinion – Tuesday 1 October 2013

The US Government has begun a partial shutdown after the Republican-led House of Representatives refused to approve a Budget for next year. A midnight deadline passed without agreement despite a last gasp appeal from President Obama. More than 700,000 US Government...

Opinion – Monday 30 September 2013

The Obama Administration and the Republicans in Congress remain at loggerheads and have yet to pass a Budget for the new financial year that starts tomorrow and without which the Government will commence shutting down. The Republicans have said that they will only...

Opinion – Friday 27 September 2013

Financial markets are in limbo at present with no clear trends evident. Profit taking is seen as contributing to the slide in equities over the past week after the Fed’s no change to QE decision however the five day losing streak in US Equities was halted...