Howard Marks

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As markets rallied following Donald Trump’s victory in the US presidential election, Wall Street changed its previously bearish tune. Photograph: Alex Kraus/Bloomberg

What will the US presidency of Donald Trump mean for stock markets? An honest observer would note the unpredictability of recent events and admit: I (...)

Howard Marks has died age 70. Photograph: Ian West/PA Wire

Former British drug smuggler Howard Marks, who wrote about his exploits in an autobiography, Mr Nice, has died at the age of 70 after suffering from b(...)

The problem for hedge funds is that there are now “fewer traders at the poker table to play against”. Photograph: Michael Nagle/Bloomberg

Some high-profile hedge fund managers have thrown in the towel in recent months and, with this shaping up to be a difficult year – hedge funds have su(...)

How will markets go? Forecaster Robert Prechter warned that the Dow Jones would fall below 1,000 in 2010 – it has spent most of 2015 around the 18,000 level. Photograph: Jin Lee/Bloomberg

Market forecasting is a tricky business, with countless studies indicating we should be sceptical towards those who purport to know what the future ho(...)

Exchange-traded funds are similar to ordinary funds in that they provide access to a basket of stocks. However, they trade like stocks and can be bought and sold throughout the trading day. Photograph: Bryan Thomas/Getty Images

Exchange-traded funds (ETFs) have democratised the investment world, offering ordinary investors low-cost access to asset classes that were previously(...)

Traders on the floor of the New York Stock Exchange look forward to 2015. PHOTOGRAPH: CARLO ALLEGRI/REUTERS

The dawning of a new year invariably prompts financial soul-searching, most of us resolve to learn from the mistakes of past years and finally get our(...)

Salutes you, sir: Dave Grohl of Nirvana on McCurtain Street, Cork, when the band played at Sir Henrys, supporting Sonic Youth, in August 1991. Photograph: Siobhan O’Mahony/UCC

The Mekons played at Sir Henrys on Sunday, February 6th, 1994. It was my first night DJ’ing at the venue. Hardly anyone was there for the first hour o(...)

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