I’ve traded through every “boom and bust” since the 1970s, but today’s environment is unlike anything I have seen or experienced. In this business, everyone, especially those who make comments and observations, needs to find something to be excited about and promote to clients and followers.
The post The Old Man’s Views Nervous Markets. No Clear Direction and Lots of Noise. appeared first on JP Fund Services.
Last week was quieter as the US celebrated Thanksgiving. FOMC release gave a glimpse that members were beginning to favour a slowing in the pace of rate rises.Read More
In case you have missed it, a very controversial World Cup tournament is underway in the shifting sands of the Middle East.
This 4-week tournament cost much more than SBF lost his investors. Still, it has failed to damage the reputation of football as much as SBF hurt the reputation of cryptocurrencies…
The post The Old Man’s Views “Past Performance Is No Guarantee of Future Success”. Ask The Argentinian Football Team appeared first on JP Fund Services.
Last week we saw continued volatility in the crypto space as the continued fallout from the FTX collapse sent shockwaves through the market.Read More
I lost money last week on BTC because an industry-created superstar turned out to be a crook! The loss itself hasn’t annoyed me much because giving a little bit back to the market happens now…
The post The Old Man’s Views The crypto industry created SBF, so let’s not cry too much, shall we? appeared first on JP Fund Services.
Last week US CPI unexpectedly fell to 7.7% YoY vs the expected 8%. Markets moved sharply higher with a strong risk on rally however any potential further upside was halted at FTX one of the largest crypto exchanges collapsed in what seems to be an emerging fraud story which took cryptos much lower. The DXY…Read More
The investment world has been relatively boring for the past few months, which is not unusual following a massive decline or during a…
The post The Old Man’s Views Crazy is as Crazy Does! appeared first on JP Fund Services.
Last week saw both the Fed and BOE raise interest rates by the expected 75bps. The initial reaction was negative as the Fed moved its terminal rate above 5% and risk assets were sold. Despite this Friday’s trading was strong and we ended the week with some market strength. Euro underperformed during the week…Read More
You cannot compare the two because one is a political theory, and the other is economic. However, from an investment or speculation point of view, making money is becoming increasingly challenging because we must consider what politicians will or might do. I am a libertarian, and so much of what is going on today…
The post The Old Man’s Views Whilst capitalists are in it for the money, Libertarians wish to be owners of their own lives appeared first on JP Fund Services.
Last week was less volatile as a calm before the storm could come. The UK appointed as expected Rishi Sunak as Prime Minister which had a calming effect on the UK markets. All eyes are turning to the upcoming Fed rate decision. Euro traded well post the ECB 75bps rate rise. Generally, the market…Read More