Skip to content

Oil prices and hurricanes

The Gustav tropical storm has passed over without much damage. The re-insurers (among which Warren Buffet’s one was one of the biggest) got a sight of relief last night, after the tornado has faded right before they hit the shores near Louisiana. And at a sign, the price of oil has dropped abruptly below $110 a barrel, going more down from the record level established in June 2008 ($145 a barrel or so).Read More »Oil prices and hurricanes

Forex update – GBP/sterling pound this week

Interestingly enough, this week the sterling pound has dropped to its lowest level in 12 years against a broad basket of currencies amid a wave of weak economic performance indicators released. This GBP weakening kept alive a talk about a cut in interest rates by the Bank of England. Sterling’s trade weighted index hit 89,5, the lowest level since October 1996, and the pound fell close to a record low against the Euro.

In the second quarter, UK’s economy virtually grounded to a halt, whilst the houses prices fell at the fastest pace since August 1991. Even worse, the UK retail sales plunged to their lowest level in 25 years. This raised expectations of interest rates cut, which would further undermine the pound’s appeal to investors. “The recent ULK data have been universally bearish for the pound and the path of least resistance remains further weakness”, said a JP Morgan analyst.

Read More »Forex update – GBP/sterling pound this week

Investing techniques – how to research a company

Investing researchThere are many ways to research a company nowadays, especially with the rise of the internet as a research tool which is both 24 hours available and omnipresent. DoItInvest has applied these sources constantly and has found that some investing research properly done in advance of buying anything might really help. We at doitinvest had a lot of experiene with both the accademic / MBA-like research tools for investing (which are often associated with professional investing) and with the less usual methods of research (often the unconventional investing can be the most effective, as I’m sure you’ve experienced before). So here we go with the list of potential investment research methods, from the easier ones to the more difficult:Read More »Investing techniques – how to research a company