Financial Betting Articles

The world is going to hell in a handcart. Oil's gone mad, inflation's gone bad, bank governors are sad and the media's glad - they'll take sensation every day of the week and definitely twice on Sundays. But...

I'm on the beach in Majorca.

So, no ChoiceCuts this week, just a postcard:

The weather's hot, the women are hotter. Plane full, bars packed, restaurants jammed. If there's a recession somebody forgot to tell them about it. My kids are never happier than building castles by the edge of the sea - and no downturn can wipe that out. I've foolishly convinced my kids that there's a pirate living round the coast and they are demanding stories on a near-hourly basis. Like any growth story this is surely unsustainable?!?!

Like my daughter struggling with a melting ice-cream, like a waiter struggling with our constantly shifting order, like a crab scrabbling away from my rather pathetic attempts to grab it - it just might all work out.

The world will turn a couple of times and we'll all forget about this economical dip.

Happy holidays.

But if you're not lying on a beach like me, get involved at ChoiceOdds.com

The FTSE rose a paltry 2.1 points last week.

It was much calmer last week, trading in an average daily range of just 88.54 points. The average throughout the whole of July was over 125 points a day.

The FTSE closed up just 10 times last month, compared to 13 falls. This mirrors June's performance of 12 down days against 9 daily rises.

Remember: sun cream has a shelf life of just 2-3 years. So don't use the old stuff you bought in 2004 unless you like peeling skin.

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