The Bank of England has a new Governor and his first act has tidied up my ambiguous forex charts nicely. Mark Carney was the Bank of Canada’s Governor from February 2008 and was widely credited with Canada’s seeming immunity from the 2008/9 financial crisis. Of course much or all of that credit should really go to his predecessor David Dodge who was in office from 2001-8, and avoided the mistakes made by the Fed and BOE over that time. Mark Carney can however take credit for much of what lies in store for Canada over the next few years, which currently looks a great deal less promising. Having been chosen by politicians though the man hired to sort out the BOE is not the man who actually delivered stability to Canada during the 2008/9 Financial Crisis, but just the man who took the credit for it. (more…)
Slope of Hope Blog Posts
Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
I’m going to make this quick, since I need to get organized before the market opens. Just a few quick thoughts: (more…)