Wells Fargo stock stabilising after September pullback

by | Oct 11, 2016 | General, US Banks

“In investing, what is comfortable is rarely profitable.” – Robert Arnott Wells Fargo stock stabilising after September pullback The bank’s share price took a major hit in September (down 12.8% for the month) following revelations that some bank employees had...

US election latest

by | Oct 10, 2016 | General, Macroeconomics-Politics, US Banks

“In investing, what is comfortable is rarely profitable.” – Robert Arnott US election latest A win for Hillary Clinton in November’s election is perceived as a much better outcome for US stock markets and banking stocks than a win for Donald Trump. Hillary is an...

Deutsche Bank keeps rattling the market

by | Oct 8, 2016 | European Banks, General

“In investing, what is comfortable is rarely profitable.” – Robert Arnott Deutsche Bank keeps rattling the market The embattled German bank keeps rattling European stock markets and particularly European bank shares due to ongoing concerns about its potential...

Sterling hits a 31-year low against the dollar

by | Oct 7, 2016 | Currencies, General

“In investing, what is comfortable is rarely profitable.” – Robert Arnott Sterling hits a 31-year low against the dollar Sterling hit a 31-year low of $1.24 on Friday (reaching levels last seen in 1985) as UK prime minister Theresa May continued her hard Brexit...