Tags » UK & Europe

The hubris trap

Great example of how even the most professional management teams can fall into the hubris trap.

Michael Chaney describes to The Age how Wesfarmers burnt a billion dollars on the highly successful Bunnings hardware chain’s expansion into the UK market: 380 more words

Stock Markets

East to West: Headed for war?

Follows of international relations can take their pick of wars at present. There is a trade war brewing between Donald Trump and Xi Jinping, which could descend into a currency war with competing devaluations. 691 more words

US & Canada

East to West: Trade tariff fears

Plenty of red ink as Trump’s threat of trade tariffs spooked global markets, with fears of a global trade war.

China’s Shanghai Composite Index is headed for a test of primary support between 3000 and 3060 with a falling Trend Index warning of strong selling pressure. 230 more words

US & Canada

East to West: The long game

It pays to regularly step back from daily fluctuations that characterize short-term charts, to examine the big picture using monthly or even quarterly charts.

Over the last 20 years there is one clear winner when comparing major indexes. 79 more words

Stock Markets

East to West: S&P 500 strengthens

Japan’s Nikkei 225 Index continues to test its rising trendline and support at 21000, with resistance forming at 22000. A Trend Index peak below zero warns of medium-term selling pressure. 198 more words

US & Canada

East to West: Caution

Markets settled after the sharp fall of the previous week but a hint of caution was evident, with buyers wary of being caught by an after-shock. 182 more words

Stock Markets

East to West: Sweeping conflagration

The tinder was dry and all it took was a spark from the US to set off a sweeping conflagration across global stock markets.

South Korea’s Seoul Composite Index broke support at 2450. 299 more words

Stock Markets