ALFO Markets Blog

The real estate bubble scares again the markets

The real estate bubble scares again the markets

It looks very much year 2007. The cheap money is inflating again bubbles in some of the major real estate markets of the world. The last analysis of “The Economist” doesn’t leave many doubts to us. England, United States, China, Norway and Canada are most at risk. According to the prestigious newspaper there are irrefutable...

The Reserve Bank of Australia cuts again

The Reserve Bank of Australia cuts again

This day’s morning press conference was not what the markets wanted to hear by Mr. Glenn Stevens.  It seems that the rate hike of 2008 still frightens the market. Effectively today the RBA cut again the cash rate by 25 basis points, bringing it to the record low of 2%. What the market wanted to...

Which is worse: Grexit or Brexit ?

Which is worse: Grexit or Brexit ?

On the eve of the election In Great Britain, there is some concern In the head of investors around the world and a new demand is coming out.  Which is worse for Europe, an exit of Greece from the Euro-area or an exit of Great Britain from the European union? Effectively both these events are...

Which equity market will underperform in 2015?

Which equity market will underperform in 2015?

According to Denis Gartman the US market. The king of the commodities has everything clear in his mind finally. The US market is going to underperform respect to the global markets. In his last interview to the CNBC he argued that the most important reason why the US stocks are going to underperform is the...

Apple’s profits soar on record sales in China

Apple’s profits soar on record sales in China

Has anybody any idea for how long the shares of Apple will be on an uptrend and which is the right price? Carl Icahn does. He thinks that Apple’s shares must be valued at least $200. It would be not bad for the seventh largest shareholder of Apple with around 53 million shares in his...

A world full of debts

A world full of debts

Has the world always been full of debts? Not as much as now. Economists have tried to convert the GDP of the world in different moments of the history in current dollars just to have an idea of how big a certain country was and how developed was the international commerce in some periods of...