When my uncle called me in the morning and asked me a simple question, it set me thinking, talking, smsing “Is the increasing yield in FMP coming from increased risk” i.e. is the quality of assets falling. And this small note was born. The retail investor, tired of falling equity markets was (is?) looking for […]

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Many experts in the market now have a view on the market. This is of course only to be expected is it not? It is like when you thrust a mike in front of a person, suddenly he becomes a wise man (person?). Mr. Ken Fisher who is himself a great fund manager and the […]

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