Investment Management Blog - Montague Capital

It’s one of those rare days when one feels just the teeniest bit sorry for HMG.  It is being criticised by a group of 16 know-it-all “economists” for its plans to accelerate public works programmes in order to try to spend the UK’s way out of recession.  Admittedly there is a germ of theoretical truth […]

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If the best measure of efforts to solve the global financial crisis were the TV coverage world leaders have been grabbing for themsleves in the last few days, by now we’d be well on the way to recovery.  Unfortunately, the best thing that could be said about Junior’s 0800hrs performance on Saturday, for which the […]

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If Asia’s markets this morning are any guide, the UK and Europe are not going to be striking out on an independent course after last night’s 7.3% collapse on Wall Street.  At the time of writing, the Nikkei may be off its worst for the day, but it’s still down 7.6%.  To what do we […]

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Yesterday’s markets displayed an unaccustomed level of reality.  In falling more than 3% – relatively small beer by the standards of recent volatility and apparently not that much to worry about any more – Wall Street is telling us that it is not that confident that The Plan will get through the House of Representatives […]

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