By John Ward: On and on it goes…
US data, it seems, helped stimulate the Asian bourses overnight. Stocks soared as
“US consumer confidence hit a six-year high and tensions over Ukraine
eased”. Do confident consumers know which way is up? Was there ever that
much real tension about Ukraine? I very much doubt it.
But these days, it’s important to be on the
ball ahead of the curve and perfectly positioned for that next wave.
It’s easy to spot me on the beaches of Europe these days: I’m the guy
balancing on a bright-orange sphere slightly ahead of the final curve as
the Big One heads in. Later, I’m the guy with a fractured skull and
four broken ribs, having been too busy watching the sea to notice the
jagged igneous rock for which I was headed.
Yes, it’s vital to be the first out of the
blocks, unless of course you’re Ed Balls, in which case fully six days
after a rabid Neolib Budget, you finally tweet this: