In June, South Korea had the best performing stock market in the world. But today it is seeing one of the fastest crashes in modern market history, dropping 34% in just 25 trading days and wiping $2.1 trillion off the Seoul market. So the question for every investor – was this a uniquely Korean crash …
With war in the middle east causing a spike in oil prices, inflation and mortgage rates, it’s a turbulent time. But Not only that buyers face uncertainty over future property taxes, a potential AI Bubble and a stagnating economy. So what does this all mean for households, is it the worst time in years to …
Silicon Valley admits AI may be a bubble, they just want to believe it is the right kind of bubble. But, when Meta reported it was selling excess AI capacity, it wiped $200bn off AI stocks in a day. But, what has really worried the likes of Anthropic and OpenAi is the arrival of cheaper …
Yesterday, oil prices surged to $100, and it wasn’t even the biggest news as President Trump announced a new wave of global tariffs. Hormuz is effectively shut, the oil isn’t getting through, but it is now more than just Hormuz being closed. It is about shrinking inventories, oil stuck in the ground, a growing number …
Tomorrow, why the oil market is set to explode and the ongoing drought will cause food shortages in the shops. But first – time for something completely different. 70% of people feel the world is getting worse only 4% think it is getting better, and it’s hardly surprising when you turn on the news or …
So Britain has a new Prime Minister the 7th in a decade and even before he walked into Downing Street his own predecessor compared his economic plans to … Liz Truss. But, Burnham is not bothered, the so called King of the North claims that his plans to revitalise the regions of Britain will …
In recent weeks, crude oil has crashed back below $80. So why is diesel still 20p above where it started the year? And why is the head of the IEA warning that we should be worried about energy security. Shipments through the Straits of Hormuz have collapsed again – down 60% in a week. We …
Last Thursday the US government tried to borrow money. But investors would only take the supposedly risk free 30 year Treasury at just over 5%, the highest 30 year yield since before the financial crisis. But the difference is that in 2008, US debt was 39% of GDP, today it is 100%. And the rise …