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Finance Market Commentary, The UK FlavorFacing the turmoil of recent global financial market slowdown, it is probably helpful to get some perspective from outside the U.S. One can certainly count on Financial Times for some good editorial content from the Europe, but how about some grassroot content? Finance Markets is one site you can get some fresh content of what's happening in London, another capital of financial capitals. Elaine Frei, the sole author of the site, regularly delivers 3-5 posts a day on various financial market topics since 2005. For example, recently she provided a day-by-day account of the volatile global markets, and shed light on many UK-specific financial events, like the transition away from salary pension scheme, the UK real estate market fever, the public worker pay raise stalemate, and Financial Services Authority (FSA)'s crackdown of excessive mortgage exit fees. While I should say most of the posts stop at an account of the event, and some more personal opinion will certainly fit into my taste more, it still provides a good reading for me from a US-centric point of view. (Hey, US is not lonely in having all the scandals; UK has its fair share too.) Plus, some of Financial Markets' report on individual UK companies are also quite helpful when I look at stock investment candidates. (While the above is a sponsored post, PFBlog is not required to provide a favorable review. Quality time was spent to study the subject website in completing this post.)
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