ECB Cut Rates by 0.5% bringing the ECB base rate to 3.75% The ECB rate change has given many of us a pleasant surprise, the ECB has cut rates by 0.5% giving a new base rate of 3.75%. For many o... Continue reading
Now that everything is Guaranteed (bank deposit outlook) Now that countries are standing behind their national banks what will happen? Greece has backed deposits, Germany did the same. France,... Continue reading
Things are gonna change ’round here. The banking sector is in for some big changes, today we will consider some of ‘what may be’, this article is taken with a view of looki... Continue reading
How to fix the budget in two easy steps & be unpopular We have a deficit, we don’t have the money required to run the country and that means we are in a hole. In July we told that it was €5.... Continue reading
Bailout Abuse – distortions occur within 24 hours of Finance Bill It is no secret that your author is anti-intervention, we speak at times about market distortions caused by government intervention. Th... Continue reading
The road less travelled and life in the new world I wrote Monday night/Tuesday morning about buying distressed stocks. So yesterday morning I bought Anglo Irish at €2.94 and today they ... Continue reading
You must be thinking of a different Karl Deeter mortgage guy. I have been nominated for an Irish Internet Association net-visionary award as best business blogger . I guess the lonesome path of rea... Continue reading
Don’t follow me down this road. Contrarian moves. The markets took the single biggest battering since the 20% fall off experienced in the 1987 crash. It came on the back of a rejection ... Continue reading
Where is my bailout? The average investor has seen their portfolio decrease in value by about 20%, the average property owner is not far off that either. Th... Continue reading
Fancy a bit of inflation? What does a $700bn bailout and the 6% national wage agreements have in common? There are two types of inflation, ‘headline’ and ‘core’. Put simply headline inflation takes into account everything, petrol prices, th... Continue reading