DABERIAM LXXVII

ADHD or Attention Deficit Hyperactivity Disorder is the phrase that comes to mind to describe the markets in general. For some time it must have been clear to most relatively well informed investment managers that Central Bank QE, which has largely been a euphemism for funding government deficits, would have to slow down and at some point cease...

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DABERIAM LXXIV

2013 has started well around the world. Taking the three parts of the world that I described in December, and beginning with the first part, comprising Greater Asia, China and Australia – these countries continue to gain confidence following the Chinese election...

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DABERIAM LXVIII

Looking back to the beginning of the year I have a vague feeling that we continue to live in the world of Alice in Wonderland. Perhaps since my thoughts in February, we have advanced into the world of Alice Through the Looking Glass...

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DABERIAM LXVI

Lewis Carroll’s Wonderland has achieved reality in Europe. Alice would have been at home at the meeting of the heads of state last weekend. Chancellors, Presidents, Prime Ministers – all meeting to discuss “the crisis” in Europe and come up with a solution...

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DABERIAM LX

As January goes, so does the rest of the year. Excuses by Central Banks abound, but it’s beginning to dawn on everyone that inflation is here and serious.

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