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Central Bankers Hold the Cards

By Javier Valiente posted on October 29th, 2013

The new governor of the Bank of England, Mark Carney, recently announced that interest rates would remain at 0.5% until unemployment falls to 7% in the UK. This was intended to reassure markets hungry for cheap credit and further asset purchases that…

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US Property: Boom, Bust and Recovery

By Javier Valiente posted on October 29th, 2013

Figures last month showed that the price of a residential home in the US rose by 12.2% on average from a year ago- a rate of growth not seen since early 2006. But what is…

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