Monthly Archive: July 2015

Jul 15

The Structure of the London Fixed Income Market

A rapid recapitulation of the high yield bond system: The objective of the system is to establish whether a diversified portfolio of high yield bonds outperforms other major asset classes. This premise is being tested through a designated Isa, into which one-twelfth of the annual Isa allowance is subscribed each month, and then used to …

Continue reading »

Permanent link to this article: http://www.goldenguinea.com/the-structure-of-the-london-fixed-income-market/

Jul 06

The Euro’s Existential Crisis

Extract from Chapter 11, ‘The Euro’s Existential Crisis’, in ‘The Golden Guinea. The International Financial Crisis, 2007-2014: Causes, Consequences and Cures’ (2012). Final section, ‘The Long Goodbye: Requiem for the Euro’. “The inevitable conclusion is that the Euro cannot survive indefinitely in its current form…..Rigidly fixing national currencies to a single currency at an overvalued …

Continue reading »

Permanent link to this article: http://www.goldenguinea.com/the-euros-existential-crisis/