US Presidential and Congress election 2012

Around 135 Million of the Voting Age Population (VAP) voted. That’s about 56% of the VAP. From 2000 to 2012 the percentage has declined from 58%. In Obama’s winners speech last night Simon Schama in an article in the UK Financial Times said Obama  spoke about “ how ……the ordinary people ennobled by the democratic […]

read more

The era of slowing Global economic growth has begun

Global economic growth in developed countries has begun its long term( LT)  trend of decline. We can expect economic growth to decline below the long term average of around 4% pa. We can expect returns for equity markets to also slow and expect less that the LT average of 7% pa. This has implications for […]

read more

Efficiency of markets corrupted

Efficiency of markets History has shown that when human beings are free to exchange or trade goods and services without any impediments to that exchange, over time the standard of living rises in the communities in which those who are parties to the trade, live and spend the income from those exchanges. Historically the initial […]

read more