United States

In 2009 we have seen a gold rush. Walking down the High Street, you will be fortunate not to trip over the signs of those eager to buy it.

There has rarely been a dull moment this year. A 20% fall in the UK equity market by early March has given way to close to a 50% bounce.

Hail Dorothy, the wicked witch is dead! In the classic movie, the Wizard of Oz, this is the ending of one era and entering of another.

Government interference in capital markets has never been so great in the post-war era and the contradictions within asset values are becoming ever more apparent.

Gilt prices fell sharply yesterday as investors began to digest the Government's pre-Budget report and fears that Britain's credit rating will be downgraded intensified.

Janus manager highlights importance of sticking to process to uncover intrinsic value

Over the past few weeks, France, Germany and Japan reported GDP growth for the second quarter, which appears to indicate that they are now emerging out of recession.

"Does the flap of a butterfly's wings in Brazil set off a tornado in Texas" was the title of Edward Lorenz's talk in 1972 that helped bring aspects of chaos theory to a wider audience.

At the moment I would suggest a great many virtuous fund managers have got their caution towards the euphoric stock markets about right. A couple of weeks back I could turn to almost any page in the news section of this fine paper and find a sensible...

Following significant fiscal and monetary stimulus, optimism regarding a US economic recovery is building with the change in Q3 2009 GDP expected to be a positive 2.2% following a 1% decline in Q2 2009 and a worse 6.4% contraction in Q1.