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Know Thy Money by Lama Farran

Home   - What's the first step you need to accomplish before you can change any behavior ? You have to obviously be aware of the behavior in question. That is why financial awareness is crucial if you want to change the state of your money . Essentially, you need to have a crystal clear awareness of where you stand today so you can get to where you want to be. Here are a few tips that you can implement in order to increase your financial self-awareness: Know Thy Net Worth To calculate your net worth, you need to know the total value of your assets (what you own) and the total value of your debts (what you owe). The difference between these 2 numbers will represent your net worth. Read the full story here.  Home 

Mario Draghi has said there is no limit to how far the European Central Bank will go to hit its targets in a sharp response to market criticism that his latest stimulus package did not go far enough

No limit’ to ECB action to hit targets, pledges Draghi Claire Jones in Frankfurt and Adam Samson in New York   Comments ©EPA Mario Draghi speaking at the Economic Club of New York Mario Draghi has said there is no limit to how far the European Central Bank will go to hit its targets in a sharp response to market criticism that  his latest stimulus package  did not go far enough. The ECB pledged on Thursday to continue its €60bn-a-month bond buying quantitative easing plan until March 2017 and cut a key interest rate to a fresh record low of minus 0.3 per cent. But  the measures disappointed investors  that have come to rely on Mr Draghi to smash expectations, with a broad market sell-off after the ECB failed to deliver deeper cuts and an increase in the pace of QE. Read the full story here.  HOME

There are reasons to believe that US government debt will finally sell-off

©Reuters ’Tis the season for eggnog, awkward office parties, shopping mayhem and strategists to push out  forecasts  that Treasury bond yields will rise in the coming year. But will their predictions finally come true in 2016? That these forecasts have consistently been proven wrong year after year has not deterred the sellside brains trust. The 10-year Treasury yield will rise from its current 2.17 per cent to 2.8 per cent by the end of 2016, and just a whisker below 3 per cent in the first few months of 2017, according the average forecast of analysts polled by Bloomberg. More ON THIS TOPIC Markets Insight  Common, flawed investor assumptions European stocks poised for recovery mode Analysis  European equities favoured over US in 2016 Policy divergence looms over debt markets ON WALL STREET Investors hold breath over subprime reboot Rate environment for real estate sours Unicorns beware  markets get it wrong Regulators conf...