Broad Oak Magazine

Australian economist Steve Keen summarises Hyman Minsky's Financial Instability Hypothesis, which is that you get bubble after bubble, e...

Yesterday , I read the entrails and thought the market was due to tank. Today, the FTSE drops 102 points, the Dow 290. Tomorrow - "¿Qui...

Before we start, please read my disclaimer above! How do we protect our little wealth against inflation? The gold bugs still enthuse, and it...

Dow over 8k, FTSE over 4k... I dont know where Im going But, I sure know where Ive been Hanging on the promises In songs of yesterday An Ive...

I've just been asked by a client whether he should switch from cash to equities. Here's my view, and it may explain why I haven'...

Sez he, here. I'm still guessing Dow (inflation-adjusted) 4,000 sometime in the next few years, and it seems Jim Kunstler agrees (...

On 26th June I looked at the progress of the FTSE since around 1984 and thought that the next low would be no worse than c. 4,500. Here'...

It's hard to measure what's going on, because currencies have turned out to be rulers made out of very stretchy elastic - especially...

Sir: Your leader (“ Riders On The Storm ”, 1 November) suggests that current investor sentiment is “excessively negative”. That depends upon...

Recycled from my post of April 1st, 2008 .

I looked at trends in the Dow earlier this year and guessed that the Dow's low might be 7,000. Now, Mish reports that Nouriel Roubini is...

The FTSE ended 2007 at 6,456.90. Back in August, I constructed a rough RPI-related graph from 1984 onwards, and to get back to the equivalen...

Thanks to all those who took part in the poll for the forecast value of the FTSE by the end of December. The median line is on 4,500. This i...

The FTSE is standing (if that's the right word) at 4,732 (13:50 BST, 08:50 ET). It seems to be edging towards the region I guessed at on...

Experts and interested amateurs: please give us your best guess at the value by end 2008 - see sidebar.

Dow and FTSE back up again. Thought so. But unlike 1987, I don't think this will be over by Christmas. Bear market rally, don'tcha k...

Financial website ThisIsMoney speculates that the FTSE could drop another 20%. I couldn't resist commenting there: 20% down would be abo...

The truth of the adage is borne out yet again. Perhaps we're approaching fair value at last?