Reading the future
The groaning and grumpiness comes down our lane more often than not
and one particular observation is the lack or complete absence of analysis
of companies, their profiles and their performance on the stock exchange.
The start with, there aren't the analysts or the analyst/ journalists
with the experience to do this and the second thing is that a large
proportion of financial consultants shun the public eye and operate
If we want to change the culture of investment trends, we have to start
doing things with a more transparent mind.
The reason this does not take place is because for far too long, local
and foriegn investment on the stock exchange locally and abroad has
been seen as an instrument for a quick buck and as a method of evading
Yes, evading tax.
This, as we all know, is bound to change sooner or later.
Local councils , no counting the chickens
before they are hatched
Next Saturday's local council elections may not be the result many people
If that is the case, then leaders on both sides of the border would
do better to analyse and nibble at their nails before blaming it solely
on the voter.
We would try very hard not to suggest any sway to left or right, but
we can transmit the following feelings.
There is a natural dismay at the governance or the lack of it.
There is a sceptical mind on the European Union question and there are
also many personal feuds and concerns that will come up in a local council
If the nationalist party does too well, it does it no good, for it will
continue to drown in a euphoria it does not need.
If it fares less well, it may open some individuals minds to the reality
that there are problems that need to be addressed.
If we extrapolate the same on a Labour party vote, we will have very
similar answers, but with a difference.
If the MLP fares poorly in the local council elections then that party
should be worried that its message is not getting across.
Opacity in the markets
Opacity in the markets is the new buzz-word that describes a number
of formulae that determine the following aspects of a market:
It weighs the legal systems, the regulations, the macroeconomic and
tax policies, accounting standards and practices and corruption in the
The worst countries turn out to be China followed by Russia, Indonesia,
South Korea and, believe it or not, the Czech Republic. The best turn
out to be Singapore, the US, Chile, Britain and Hong Kong.
This data is based on the latest results by PricewaterhouseCoopers,
an international consultancy.
The Swiss lesson
The Switzerland referendum vote is a feather in the cap for the anti-EU
movement and a lesson for the yes movement that comparisons are odious,
apart from the fact that Switzerland in terms of history, economy, culture
and attitudes bears little or no resemblance to Malta.