A university has invited me to address their history department. I think they did so because I am the only fossil – an ex-student – they could find. Initially I thought it would be fun to tell the students about what it was like studying at that institution during the 1970s (the good old days?) but on reflection I realised it is all a bit embarrassing!
Recent developments in the world economy have investors worried, and the poor performance of stock indexes over the past few weeks is proof of their concern. The recent debt crisis in Europe has cast doubt over that region’s economic outlook, while the US economy showed signs of weakness in the first half of the year – fuelled by several factors including the debt talks that narrowly averted a disaster in the world financial markets. At the same time, worries over China’s economic growth and inflation problems are fuelling concern over the regional economy in Asia. Continue reading “Falling Markets – A Great Buying Opportunity”