Many fund managers have begun to look at stocks and sectors on a pan-European basis as euro-common factors have supplanted country-specific influences on performance. But not all of these euro-common factors have been positive. In …
Though weakened by crisis in 1998, Russia has staged a remarkable turnaround. Its economy now ranks amongst the world’s most dynamic. Skyrocketing oil prices are certainly part of the reason. In fact, Russia is the …
The human tragedy wrought by Hurricane Katrina, so visible in the anguished faces of her victims and shocking portraits of devastation dominating the national news media, is incalculable. The historic city of New Orleans, the …
Swiss private bank Julius Baer has decided that being “big enough to matter, but small enough to care” looks “a pretty expensive way” to do business, says Jonathan Ford on Breakingviews.com. Smaller Swiss banks have …
It was 17 January 1990 when I experienced the worst snow storm of my life. Stuck in Newark Airport, New Jersey, I spent a night curled up on an extremely uncomfortable airport bench. My friends …
The trouble with mediocrity is that it’s boring. And economic commentators, looking for reasons to explain market behaviour, generally like to make things sound a bit more exciting than they really are. This can mean …