July saw some strange goings-on: stock markets up, volatility a record low, the Swiss Franc nosediving, the US Dollar flattening out and some commodities on the up.
The most fascinating part of being an Investment Advisor is the wide variety of people who seek advice. It really is a case of everyone being different.
The financial press and analyst reports have been full of Chinese tech company Tencent recently. The company is best known for its social messenger app WeChat and, with a 47% market share, it’s also the largest of the Chinese mobile gaming quasi-duopoly.
In Part 1, we explored the obsession with the national debt, saw the distinction between money users and money creators, as well as understand that there really is a magic money tree. But if a central bank just printed more money, wouldn’t it lead to massive inflation?