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Inflation Picture 20140422

The Wall Street Journal recently published a very interesting chart that showed declines in inflation rates over the last year in many countries and financial centers. This perhaps seems surprising given the relentless “quantitative easing” that has been taking place in the US, not to mention the bond-buying program in the Eurozone. Continue reading

2204_looking

On Thursday, Dick Smith Holdings (ASX: DSH) released a solid quarterly result, revealing a continued period of buoyancy in household electronic goods sales. Whilst we don’t own shares in the business – as we prefer to own the dominant player in any sector – we couldn’t help but take note. Continue reading