Just an interesting little bit of context regarding the pound which seems to be undergoing it usual once a decade mid life crisis. As you can see from the chart below the drop last week is in many instances just an acceleration in an existing long term downtrend.
I like the rest of Australia share a hate-hate relationship with TLS. They are a bumbling, incompetent bunch of dicks that we are stuck with courtesy of successive bumbling incompetent governments who have had their heads firmly rooted up their arses when it comes to communications policy. Where else in the world would you have…Details
Seems an appropriate time to revisit this. When this was occurring I was sitting in an airport lounge somewhere trying to make the best of what past for mobile communication in those days. In 1992, George Soros brought the Bank of England to its knees. In the process, he pocketed over a billion dollars. Making…Details
This has been a terrible day for experts. Economic professionals were overwhelmingly of the opinion that leaving the European Union would hurt the United Kingdom. And until a few hours ago, the consensus of public opinion experts — at least if one uses prediction markets as a proxy — was that voters would in the end…Details
Despite a good showing last night the S&P500 is still stuck in an extended sideways move.
Led Zeppelin has beaten a lawsuit claiming that the iconic guitar riff in “Stairway to Heaven” was copied from Spirit’s 1968 instrumental “Taurus.” On Thursday, after a week’s worth of testimony and arguments, the jury came back with its verdict in a case that’s been decades in the making. At trial, Led Zeppelin members Jimmy…Details