Tuesday, September 24, 2019

Forbes: Coming Soon To America: The​ Incredible Shrinking Savings Account

By SIMON CONSTABLE

Savers are having a hard time in most places but it’s far worse in Denmark. 

In the Scandinavian country, some savers must pay the bank to look after their money not vice versa. Worse still, such a weird phenomenon will likely come to the U.S. sooner or later.

Here’s what you need to know. Read more here.

Korn Ferry: The Thomas Cook Nosedive

By SIMON CONSTABLE
Britain just suffered a vacation nightmare. 
Thomas Cook Group, the iconic British travel company that all-but-invented the package holiday in the early 1800s has gone bust after almost two centuries doing business. It leaves 21,000 people without jobs, hundreds of thousands of holiday makers stranded and lots of questions about what exactly went wrong. Read more here.

Monday, September 23, 2019

Korn Ferry: Is Brexit Really One Month Away?

By SIMON CONSTABLE
With just weeks to go before the country's scheduled Brexit 'leave date' of October 31, even the British government has the jitters about the potential for economic chaos.
Cabinet ministers recently revealed part of the disaster plan if the UK exits the EU without a trade deal. The report, named Yellowhammer, warns about supply disruptions in medicine and food, as well as long border delays for commercial trucks. There's also the potential for civil unrest. Read more here.

Forbes: Trump's Tweets Shows How The Fed Lost Its Credibility With Investors

By SIMON CONSTABLE

Observers have long suspected that President Donald Trump's jawboning of the Federal Reserve may hurt the central bank's credibility with investors.

Now they have proof in the form of a recent study from the National Bureau of Economic Research. Read more here.

Forbes: The Eurozone Economy Slips Even Further Into Malaise

By SIMON CONSTABLE

Europe's single currency area is sinking further into economic malaise and the authorities will likely need to act further to help. Read more here.

Wednesday, September 18, 2019

TheStreet: Why Europe Will Feel More Pain From the Oil Market Than the U.S.


TheStreet: 3 Reasons Investors Should Avoid European Stocks as Oil Prices Rise

By SIMON CONSTABLE

This week's jump in oil prices is likely to be far more damaging to Europe than it will be to the U.S.

For that reason, savvy investors would do well to avoid stocks dependent on activity in Europe and instead look elsewhere for investments. Read more here.