capital

Equities, housing, commodities and bonds viewed through the prism of what money once was… WHAT WOULD the world look like if, as a handful of economists, investors and politicians hope, gold really was money again? In a word, cheap…ish. Cheaper, at least, than much of it was a decade ago. Long used (together with silver) [...]

It’s time for an apology. No, not from your editor. We’re always right, so there’s no need to apologise [wink]. Instead the apology needs to come from the Australian mainstream financial press. The same financial press that told you Australia’s banks were strong. That Australia had the best prudential regulation in the world. That Australian [...]

Some may say that Bambi’s mother dying is the saddest thing they’ve ever seen. Others think that Travis shooting Old Yeller in the book and film of the same name is much sadder. While the girls of the Sayce family think the movie Hachi: A Dog’s Story, starring Richard Gere is the most sadderest thing [...]

The huge moves in the market at the moment are sending a big warning signal to those who are willing to listen. The threat of a new round of quantitative easing (QEII) by Federal Reserve chairman Ben Bernanke has set off a chain reaction in world markets that can only end in tears.  Emerging market [...]

It turns out, according to the Committee of European Banking Supervisors (CEBS), the European banks aren’t half as stressed as everyone thought.
According to CEBS, the banks are only mildly tense, rather than stressed.
You’ve probably read, or at least skimmed over the details of the results already.
The upshot is that as today’s Australian Financial Review reports, [...]