Eeyore Gets Onto The Dance Floor

Following a house and home office move just over a month ago I am slowly surfacing from the many distractions and I am starting to think about investment again. The equity sell-off I expected hasn’t materialised and so it was with interest I read an upbeat assessment for global and UK equities in a trade magazine by Trevor Greetham of …

Fragile Confidence

Global stockmarket falls in the last few days have underlined how fragile confidence in the global economy is. A key factor is the plunging oil price which signals a weakening global economy. However on the theme of confidence I came across an interesting article on the Daily Mail website. They reported comments from the relatively unknown Bank of International Settlements …

Climbing a Wall of Worry

Imagine being a rock climber. The higher you get up the rock face or cliff the scarier it gets, particularly if you dare to look down. So it is for investors as stock market indices in the US and the UK scale new heights. A widely expressed fear is we are heading for a crash and investors are getting nervous. So should you be banking …

Investor Psychology – It’s all in the Mind

In my last blog I discussed the link between economic growth and stockmarket performance. I noted in some cases there are clear correlations, such as returns from cyclical or economically sensitive stocks; in other cases there is little or no correlation, China and defensive stocks with global franchises and stable earnings are examples. However another dimension to the link relates to investor psychology or behavioural finance. …