Mike Wright - Articles

The Week Ahead

Investors were evidently purging any potential risk in their portfolio, and turning to the perceived safe haven of gold, which touched the underside of $1,000 (Read More)

World Equity Markets Took Two Steps Forward & Two Steps Back

Footsteps leading to uncertainty just like the World Markets lately. (Read More)

Credit Crunch Springs Back Into Action

Citi group announced it will split in two after announcing an $8.29 billion loss. At the same time, Bank of America posted its first loss (Read More)

To Treat the Threat of Economic Turmoil

Friday's US payroll figures were ugly by any measure, with the reported loss of 240,000 jobs slightly worse than expected. The worse data point to (Read More)

Unprecedented Stock Market Volatility, Unpredictable Future

Apart from Monday?s opening salvo, it was quieter week for global equities. After Monday?s dramatic reversal, daily movements between high and low, were mostly restricted (Read More)

British Pound Slides Deeper Against US Dollar

It was a dire for stock markets, with all major world indices trading well in the red. Thursday saw the bulk of the selling as (Read More)

What's Next..north or South!

On a day when you hear about the worlds largest bank CITI Group losing $5 Billion and cutting 4,000 jobs world wide, you might expect (Read More)