Robert Shiller’s recent New York Times piece on the “mystery of lofty stock market elevations” does not impress bulls. Photograph: Jessica Hill/AP
Stocktake

US stocks are at levels that have preceded past market crashes, Nobel economist Robert Shiller is warning. Shiller famously used his cyclically(...)

The recent pullback in global equities has been a relatively modest affair, but Merrill Lynch’s latest monthly fund manager survey indicates investors(...)

George Soros:  “To others, being wrong is a source of shame; to me, recognising my mistakes is a source of pride. Once we realise that imperfect understanding is the human condition, there is no shame in being wrong, only in failing to correct our mistakes.” Photograph: Brendan Smialowski/ AFP/Getty Images)

George Soros is 84 today. His career is remarkable both for its longevity and its returns – his Quantum fund has generated $39.6 billion in profits ov(...)

Global markets have been slapped around of late, with Europe bearing the brunt of the selling. Escalating geopolitical tensions, particularly in Russi(...)

New York Stock Exchange traders: We are, according to one finance professor, biologically predisposed to screw up in our investment choices. Photograph: Brendan McDermid/Reuters

Investing is simple but not easy, as Warren Buffett once quipped, which is why so few people seem to follow that simple dictum about buying low and se(...)

A ‘Scotsie 100’ index would have underperformed the FTSE 100 over the last 59 years, a new London Business School report shows, with investors making (...)

A man walks past a newspaper kiosk advertising Spanish wireless network provider Gowex in Madrid. Photograph:  Andrea Comas/Reuters

Spanish wifi provider Gowex was recently valued at €1.9 billion after a stratospheric share price rise, only to file for bankruptcy last Sunday after (...)

The $8.9 billion fine imposed on French bank BNP Paribas for violating sanctions against Sudan and other countries was unprecedented, but investors(...)

Twitter shares lost a quarter of their value following its last earnings report in May, despite beating estimates. It is not an isolated phenomenon – young glamour stocks are often priced to perfection, putting them under pressure to live up to unrealistic expectations. Photograph: Brendan McDermid/Reuters

US earnings season begins this week, with company results set to dominate the investment landscape in the weeks to come. The day-to-day chatter is alw(...)

Traders on the floor of the New York Stock Exchange: many market nuggets are more likely to mislead than to enlighten. Photograph: Jin Lee/Bloomberg

A question: what do the following statements all have in common? Rising earnings are good for stock markets, as are improving economic growth figures.(...)