Louise Cooper Finance economics markets retail business

COOPERCITY report

Masters of the Universe.. Dumb Fucks more like..

Forex Fines… FCA: http://www.fca.org.uk/news/fca-fines-barclays-for-forex-failings US DOJ: http://www.justice.gov/opa/speech/attorney-general-lynch-delivers-remarks-press-conference-foreign-exchange-spot-market US Department of Financial Services: http://www.dfs.ny.gov/about/press/pr1505201.htm US CFTC: http://www.cftc.gov/PressRoom/PressReleases/pr7181-15#PrRoWMBL We are constantly told that these city “geniuses” are worth their multi million pound bonuses. That they are “Masters of the Universe” that deserve their pay. What bollocks. Any dumb idiot can be a highly profitable trader if they are manipulating the price of the product they trade. I am a really terrible trader yet even I could make cash if I knew what big clients of other firms […]

Marks – better margins and worse sales

Marks has reported its first rise in annual profits in 4 years to £661mn – slightly higher than city forecasts. But don’t get carried away as underlying pre tax profit is only up 6% to £661mn. Sales are slightly worse than expected – group revenue only up 0.4%, UK revenue +0.7% with lfls down 1% […]

Deflation – the first time since March 1960

So the UK has dipped into official deflation with a CPI print of -0.1%. This is the first time since March 1960. The biggest drivers of lower CPI are motor fuel costs which are down 12.3% yoy and food which is 3% lower on last year’s level. The ONS clothing and shoes inflation data suggest […]

Louise Cooper, CFA, columnist, commentator, speaker and reporter on today's economy and market activity – business, industry, money and personal finance.
'a brilliant communicator with the skill of
making the complicated
comprehensible…a superb depth of financial industry knowledge'
Justin Urquhart-Stewart

with the skill of
making the complicated
comprehensible…a superb depth of financial industry knowledge'
Justin Urquhart-Stewart

Louise Cooper, CFA, columnist, commentator, speaker and reporter on today's economy and market activity – business, industry, money and personal finance.
'a brilliant communicator with the skill of
making the complicated
comprehensible…a superb depth of financial industry knowledge'
Justin Urquhart-Stewart

TWITTER