Quantitative Tightening (QT)
Over the past eight years we have all become accustomed to the phrase “quantitative easing” which is a central bank euphemism for printing money. When central banks ran out of money following the sub-prime crisis in 2008, they managed the situation by simply creating vast amounts of new money and injecting it into the world economy. For a while it was touch-and-go whether this approach would work. The world
Record High
By now, we hope that you are an avid watcher of the S&P500 index. If not you can follow this index on your ShareFriend software or, for the minute-by-minute progress on https://finance.google.com/finance?q=INDEXSP:.INX. The reason for following the S&P is that it is the best indicator of [glossary_exclude]bull[/glossary_exclude] and bear markets. If the
Tech Drives the S&P
The correction on the S&P500 index which we spoke of in previous articles is, thus far, proving to be shorter and shallower than we thought - hardly even really a buying opportunity – yet. The nuclear test on Sunday by North Korea will probably unnerve markets when they [glossary_exclude]open[/glossary_exclude] on Tuesday after the labour-day holiday today, but the holiday will have given time for markets