New Platforms and London Buses

To the Editor of Profit and Loss Midweek Update: Sir, You mention that the rush of new platforms could be due to “herd instinct whereby nobody wants to be left behind” (And Another Thing, 21 June 2012).  More likely, it is for the same reason that London...

Iceland and the Loonie

The idea that Iceland would give up its currency and adopt the Canadian Dollar seemed extraordinary even a week ago. This author of this blog says he’s known for a while … strange he didn’t blog about it before: he is a Canadian FX analyst. However,...