Why trickle-down economics works

Firstly, I want to make one thing clear, that I am addressing to these sets of policies as “trickle-down economics” and not “Reaganomics” on purpose, purely to try and debunk the mocking and myths of the socialists who argue against these policies.

Trickle-down economics is one of the most contested issues of the 20th century, with the calumniation of some fooling the general populace into thinking that “Reaganomics” somehow fails. However, over the past few years, a larger and larger proportion of the population have been seeing beyond this much propagated lie, and seeing the voice of reason, instead. This voice says that Reaganomics will obviously work because of a few simple reasons, which are really not too hard to pick out. Continue reading “Why trickle-down economics works”

Why oil prices will go lower from here

The dramatic markdown in oil prices in the years of 2014 and 2015 has gotten everyone talking. On one side, there are those who say that oil is simply too big a component of our lives for prices to remain this low, and on the other there are those who believe that a combination of supply-side and demand-side factors will make sure that oil prices will stay at the current level, and perhaps even go lower. I tend to agree more with the latter, as a plethora of conditions are required for oil prices to go up, and, as of now, none of them are being met, and perhaps will not be for the foreseeable future. The first reason why oil prices will go lower from here is a reduction in global demand. Continue reading “Why oil prices will go lower from here”

Lessons learnt from a 15 year old’s voyage into the financial markets

Having traded the financial markets in my holidays, and having made a little over five figures in that time, I feel that not only have I found a gratifying pastime, but also that my knowledge about financial markets has been vastly increased, from many mornings spent watching Bloomberg on a TV screen. The gains have been marvellous, the losses not so much. My general knowledge of global events and their repercussions to the markets has also increased. Above all, however, the most salient thing is that a sound base of knowledge has been built for, hopefully, a lifetime of trading on the financial markets. Many lessons have been learnt from experience, incipiently to ignore the brunt of what the news says. Continue reading “Lessons learnt from a 15 year old’s voyage into the financial markets”