Thursday, February 28, 2019

Forbes: Economic Disaster Threatens Algeria

By SIMON CONSTABLE

Things are bad in Algeria, and they will likely get far worse.
"[...] crunch point is approaching fast," states a recent report from London-based financial analysis firm Capital Economics.
The problems stem from a multitude of factors including a weak oil price and rotten economic policies, which are both exacerbated by recent mass protests.
If things don't change soon, then expect higher inflation, skyrocketing unemployment, and the likelihood of the government running out of cash within a few years, analysts say. In other words, Algeria is heading for something close to an economic Armageddon. Read more here.

Forbes: Norway Makes Multi-billion Dollar Bet On Britain's Economy, And You Should Follow Suit

By SIMON CONSTABLE

Norway has placed a bet on Britain totaling tens of billions of dollars, even though no Brexit deal has been signed with the European Union.
Savvy investors should follow suit by investing in British stocks such as those in the FTSE 100 index, which tracks the largest public companies in the UK. Read more here.
Photo by Mikita Karasiou on Unsplash

Wednesday, February 27, 2019

TheStreet: How Gold Mining Merger Mania Is Here to Stay

By SIMON CONSTABLE

The merger mania sweeping the gold mining sector isn't a flash in the pan - it's likely just begun.
Unless these companies want to shrink, they must continue to gobble each other up.
"There is going to be a new wave of M&A as a way to grow reserves especially because organic growth is so hard to come by," said Matthew Miller, a Denver-based equity research analyst at financial research firm CFRA. Read more here.

Forbes: The Most Innovative U.S Tech Entrepreneurs Are Foreign

By SIMON CONSTABLE

Some people won't like this.
Immigrant technology wizards are the secret sauce behind America's overwhelming lead in the high-tech industry.
These Brainiac non-natives aren't better by a small margin. They win hands down when it comes to inventing things compared to the U.S. peers, according to recent research. Read more here.

Tuesday, February 26, 2019

Forbes: Multi-billion Dollar Debt Crisis Looms For Dubai

By SIMON CONSTABLE

Investors in the Persian Gulf need to watch out.

A debt-fueled crisis is headed to Dubai, the trading hub of the United Arab Emirates.

"[A] decade after the [E]mirates' crisis, its debt problems are not over," states a recent report from London-based financial firm Capital Economics.

In fact, they may just be beginning. Read more here.

Monday, February 25, 2019

TheStreet: Why the British Pound Is Set for a Big Move

By SIMON CONSTABLE

The British pound looks set to break out soon. The only question is whether it soars or crashes.

Either way, savvy investors could profit by purchasing options on exchange-traded funds.

Range-Bound Pound


For the last six months, the value of the pound has fetched between $1.26 and $1.32, according to data from Bloomberg. It was recently trading just under $1.32. Read more here.

Photo by Christopher Bill on Unsplash

Friday, February 22, 2019

Barron's: Buy U.K. Baker’s Vegan-Sausage Roll, Sell the Stock

By SIMON CONSTABLE

The Brits have gone crazy for Greggs, a chain of 1,700 or so bakery shops, in part because of its wildly popular new vegan-sausage roll. 
Unfortunately, investors have been gobbling up the stock (ticker: GRG.UK), which has jumped 68% in the six months to Thursday versus losses of 5.1% for the FTSE 100 index, the benchmark for the 100 largest listed stocks in the United Kingdom. It looks like the shares have gotten ahead of the sausage, and shareholders should consider taking profits. Read more here.