My regular roundup of the week’s blog and financial site links.
I suspect most of you caught the market turmoil this week. The financial journalists certainly relished the chance to scare their audiences witless again.
No, surprise given everyone is still nostalgic for the credit crisis.
Let’s keep this in perspective. Year-to-date:
That’s just noise, not a new Apocalypse.
I keep reading personal finance bloggers saying there’s no recovery in sight because unemployment is rising.
This is backwards thinking. Unemployment is a lagging indicator.
In this post I’ll explain what that means, and why unemployment only turns down after the economy picks up.
A lot of people arrive at this site after asking Google: Is it safe to invest in corporate bonds?
It’s a reasonable question, yet the answer is complicated.
Many people are confused about what a ‘bond’ is, with good reason given how freely the financial services industry throws the word about.
Even with true corporate bonds, safe investing will depend on:
I feel a bit sorry for this banker – especially as the reliably-hypocritical Daily Mail is already spreading the story – but the video is funny.
An employee of Macquarie Bank in Sydney found Australia’s non-interest rate hike earlier this week even less interesting than you or I. Presumably bored of recalculating his annual bonus in Excel for kicks, he instead turned to a photoshoot of model Miranda Kerr in GQ.
Miranda isn’t wearing a great deal of clothing.
Everyday life for a banker – maybe even for a financial blogger – but most of us have a gut instinct to avoid doing it while one of our banker chums is being interviewed behind us on live TV.
