Archive for November 21st, 2009
21
The stock market is not a bubble
1 Comment | Posted by elgintan in Economics, Equities, FX, Fixed Income
We Brits have a unique ability to embrace pessimism. We are rarely happier than when discussing the sheer awfulness of the country’s prospects. Indeed, if anything remotely good ever happens, we usually take it as a signal that something really rather bad must be just around the corner. In the world of investment, there is [...]
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21
Eight in 10 savings accounts LOSE cash: Inflation goes up – but banks still pay interest rates just above zero
1 Comment | Posted by elgintan in Uncategorized, education
By Becky Barrow Last updated at 10:10 AM on 18th November 2009 More than eight in ten savings accounts are paying such a paltry interest rate that customers are effectively losing money, research revealed yesterday. Financial experts said savers have become the ‘sacrificial lambs’ of the Bank of England’s desperate attempts to rescue the economy. Because the [...]

