Mike Wright's Articles in Finance

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UK one of 'world's worst performing betting nations' Global figures released by leading online fixed-odds trading platform BetOnMarkets.com indicate that the UK is one of the worst online financial betting nations in the world. UK to follow the US? US stocks have received a slight boost as oil prices retreat and new home sales unexpectedly rose on a month on month basis. However, we shouldn't really read too much into this, as there is a margin for error in these figures and new home sales in the US are still down 42% year on year. In addition, the Case-Schiller benchmark house price index is now showing a record decline of 14%. No Room At The Shareholding Inn What do shareholders have to do to gain entry to their own AGM nowadays? Even bikini-clad shareholders at the Shell AGM at the Barbican in London today couldn’t get in, despite wanting to spread even more happiness to fellow shareholders who were intent on looking after their ever-increasing investments. It's Still the Economy, Stupid The economy, stupid was a phrase widely used during Bill Clintons successful campaign against George Bush Snr. Right now, we could simplify the phase even further in relation to the prospects for the UK and US in 2008; Its the housing market, stupid.

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