Daily Financial Advice from Money Morning

The city that ran out of water

Cape Town, South Africa’s second-biggest city, might soon have to turn off the taps. What went wrong? And is this a sign of things to come for other cities? Simon Wilson reports.
The post The city that ran out of water was first published on MoneyWeek.

Why you should be wary of unicorns

As unicorn companies are floated on the stock market, we'll see which are the real businesses – and which are the dead horses, says Matthew Lynn.
The post Why you should be wary of unicorns was first published on MoneyWeek.

The charts that matter: it’s all about inflation now

Prices are rising in the US, and so far markets have taken it all in their stride, says John Stepek. The assumption is that the Fed won't be making any sudden moves.
The post The charts that matter: it’s all about inflation now was first published on MoneyWeek.

A warning to us all – anyone can fall for investment scams

If you think you can’t be conned, think again. Even experienced, sophisticated investors fall for investment scams. Here, John Stepek relates one reader’s tale as a warning to others.
The post A warning to us all – anyone can fall for investment scams was first published on MoneyWeek.