Author archives: Nick Hubble

  • Tool of Choice for the Zombiepocalypse: High Interest Rates

    22.02.2018 • United KingdomComments Off on Tool of Choice for the Zombiepocalypse: High Interest Rates

    Who knew? If you’re faced with a zombie apocalypse in coming years, the solution is simple. Just set up some interest rate trip wires around your home. Or nail a certified copy of your adjustable-rate mortgage balance to your door.Zombies can’t handle

  • Here’s Why a Blanket EU Plan Can’t Work

    20.02.2018 • United KingdomComments Off on Here’s Why a Blanket EU Plan Can’t Work

    Spain blames itself, the Germans blame spendthrift southern nations, the French blame vague concepts I don’t understand, and the Italians claim they’re always victimised. But the consequences are more interesting. Having vastly different perceptions of

  • Italy’s Coming Elections Could Mean the End of the Euro

    16.02.2018 • United KingdomComments Off on Italy’s Coming Elections Could Mean the End of the Euro

    Italy’s financial situation is in tatters. The banking system has a bad debt problem the size of the Greek sovereign debt crisis of 2012. And the Italian debt-to-GDP is at the levels that got Greece into trouble. But with a total debt that’s ten times the

  • Stocks Tumble Today, Property Tomorrow

    16.02.2018 • United KingdomComments Off on Stocks Tumble Today, Property Tomorrow

    For most retirees, their home is their most important financial asset. And they probably went through hell to acquire it. Reading about interest rates above 15%, house price crashes and questionable bank practices are enough to put me off buying a home.

  • Here’s Why Today’s CPI Number Matters…

    13.02.2018 • United KingdomComments Off on Here’s Why Today’s CPI Number Matters…

    Bonds, as fixed interest investment vehicles, are allergic to inflation. That is why everyone is antsy about the CPI figure. If inflation overshoots expectations we can expect bond prices to collapse and the ten-year yield will surge above 3%.

  • The Simple Answer to Your Crash Questions.

    12.02.2018 • United KingdomComments Off on The Simple Answer to Your Crash Questions.

    If you ask why markets fell, the answer lies in the bigger picture of things. This chart from the German insurer Allianz makes a painfully straightforward case. Central banks around the world have finally begun to reverse quantitative easing.

  • Bond Markets Reveal a New Phenomenon

    08.02.2018 • United KingdomComments Off on Bond Markets Reveal a New Phenomenon

    Correlation between stocks and bonds has gone, reports Societe Generale. It’s usually at around 0.4, but it’s at 0 for the last 90 days. In other words, stocks and bonds have fallen together quite often in the last 90 days, instead of moving in their

  • The Real Driver of the Crypto World

    07.02.2018 • United KingdomComments Off on The Real Driver of the Crypto World

    If you want to predict the price future of cryptocurrencies, watch governments. Their policies that create demand for cryptos, and their policies to adopt them.

  • “Target2” Will Trigger the EU’s Fatal Sovereign Debt Crisis

    05.02.2018 • United KingdomComments Off on “Target2” Will Trigger the EU’s Fatal Sovereign Debt Crisis

    The Bank of International Settlements (BIS) recently reversed economic wisdom about Target2. The problem is, its new-found views suggest that Target2 is about to trigger a rerun of the 2012 European sovereign debt crisis. Only this time, it’ll be Italy

  • Greenspan Thinks This Program Is the EU’s Achilles Heel

    01.02.2018 • United KingdomComments Off on Greenspan Thinks This Program Is the EU’s Achilles Heel

    With Greece continuing to rely on bailouts from the Troika and even more debt forgiveness, and Italy’s bad debt problem far from resolved, Greenspan seems to be on to something. But what is the Target2 that he’s so worried about?

  • Why We’re Not Excited About High Global Stock Prices

    31.01.2018 • United KingdomComments Off on Why We’re Not Excited About High Global Stock Prices

    Even positive news has a negative spin on it today: global stocks are off to their best start since 1987, the year they also crashed spectacularly in a single day. Has the long run of manipulated market stability come to an end?

  • Manipulation Exposed on the Precious Metals Market

    30.01.2018 • United KingdomComments Off on Manipulation Exposed on the Precious Metals Market

    This morning, six traders from three banks were arrested for manipulating precious metals markets, among other things. The techniques they used were precisely what so called conspiracy theorists theorised. And the manipulation goes back at least to 2008.

  • The Crypto-Craze Reaches Real Estate

    29.01.2018 • United KingdomComments Off on The Crypto-Craze Reaches Real Estate

    In Dallas, Texas, the first pure cryptocurrency purchase of a house went off without a hitch. The price of bitcoin doubled since the transaction went through. Real estate agents in Miami and New York City confirmed they’ve convinced their clients to accept

  • Cameron: Oops, I Guess Brexit Isn’t That Bad

    26.01.2018 • United KingdomComments Off on Cameron: Oops, I Guess Brexit Isn’t That Bad

    Lakshmi Mittal, whose surname means “metal” in German, owns a huge stake in the world’s largest steel-making company and is based in Britain. Cameron privately told him that Brexit has “turned out less badly than we first thought.” But his comments

  • What These U.S. Political Scandals Mean for the Rest of the World

    24.01.2018 • United KingdomComments Off on What These U.S. Political Scandals Mean for the Rest of the World

    A scandal is being kept from you. It exposes the true nature of government. And who really runs it. Given it’s the global superpower we’re talking about, a breakdown of trust in the US political system would have implications for everyone around the

  • Bregret Dissipates as the EU Blunders

    24.01.2018 • United KingdomComments Off on Bregret Dissipates as the EU Blunders

    After eight years of this bailout nonsense, you have to wonder whether it was worth it. The Greeks must look at places like Iceland and Ireland and wonder what they did to deserve the troika for so long. It would’ve been better to default, devalue and begin

  • The Rosetta Stone Could Demolish Our Financial System

    24.01.2018 • United KingdomComments Off on The Rosetta Stone Could Demolish Our Financial System

    Without debt, our economy would grind to a halt. We are now reliant on financial markets for the basic necessities of life. In the coming debt jubilee, you need to be positioned very carefully to avoid paying for other people’s relief.

  • Trump’s Fake News Awards Are Coming

    18.01.2018 • United KingdomComments Off on Trump’s Fake News Awards Are Coming

    What makes this interesting is that he has both the Democrats and the Republicans running scared. In speeches anticipating the awards, politicians from across the spectrum are comparing him to Joseph Stalin, Syrian President Bashar al-Assad and Philippine

  • This Powerful Investment Will Outlast Them All

    17.01.2018 • United KingdomComments Off on This Powerful Investment Will Outlast Them All

    I’m sick of reading it. The number of indicators “at levels not seen since 2007” is piling up fast. Some are all-time records. While others are “at levels not seen since 2000.”Just about all the measures signal we’re in for a crash. In just about

  • Bond Markets Are Clashing in a Perfect Storm

    16.01.2018 • United KingdomComments Off on Bond Markets Are Clashing in a Perfect Storm

    The fall in the value of bonds comes at exactly the wrong time. Just when funds begin selling out of bonds to pay out retirement incomes of baby boomers, those bonds will become worth less.

  • Brexit Makes an About Face

    16.01.2018 • United KingdomComments Off on Brexit Makes an About Face

    Rather than opposing Brexit, Remainers will move to co-opt it into their view of the world. That’s why having a bunch of Remainers at the head of Brexit Britain isn’t a contradiction. Brexit doesn’t determine policy direction.

  • The Swiss Central Bank Bets Against the Franc… and Wins

    11.01.2018 • United KingdomComments Off on The Swiss Central Bank Bets Against the Franc… and Wins

    Central bankers were in total control of financial markets. So why not invest in them? It sounds odd. But it’s possible to buy shares in many of the world’s central banks. My favourite is the Swiss National Bank. And so far the stock tip is doing rather

  • Have Bonds Finally Gone Bust?

    10.01.2018 • United KingdomComments Off on Have Bonds Finally Gone Bust?

    hether it’s Venezuela, Greece or Enron, it’s bonds that make or break countries and companies. The thing is, bonds have been surfing a gigantic wave of prosperity. They just went through the biggest bond bull market, probably of all time. 

  • Tech Stocks Could Be In for an 83% Correction Soon

    10.01.2018 • United KingdomComments Off on Tech Stocks Could Be In for an 83% Correction Soon

    The real expert when it comes to valuation of the stockmarket is John Hussman. He followed valuation metrics carefully to predict the 2000 crash. Last year he declared this “the most broadly overvalued moment in market history.”