Entries by Philip J Milton & Company Plc
Crisis, what crisis? All good here!
Before anything else, have a really lovely Bank Holiday weekend. I shall be helping at Braunton Fair on Monday and catching-up tomorrow…
Crisis? What crisis? Could be the question our investors pose about the recent Trumpian-created volatility as we seemed to sail-through unscathed and emerging from the other side seemingly in better shape than when...
Market news and investment
Meta and Microsoft both topped analysts’ expectations for latest quarter’s results at the same time the US economy suffered a regression of 0.3% in the first quarter’s ‘growth’ – apparently nothing whatsoever to do with President Trump of course and his actions of late.
Gold has come-off its top – an over-extended spike it might...
ISA reform looks likely – but no details as yet!
A shake-up of Cash ISAs seems on the cards as the Government has given its clearest indication yet that it is looking to reform the system. That’s a good thing as it will encourage people to see ‘investing’ as different from ‘saving’!
As reported by online financial news platform Citywire, City Minister Emma Reynolds has...
Growth, debt and the Titanic…
I was reminded recently that on 14 April it was the anniversary of the Titanic hitting the iceberg, in 1912. Had it hit it head-on, it would not have sunk. Are there analogies here for President Donald Trump’s tariff announcements…?
This is either the fact that 90% of the problem isn’t obvious or maybe that...
Client Letter – Trump’s tariffs
April 2025
Dear Client
Almost five years to the day of the last such letter, I must contact you with our latest thoughts as a consequence of the traumas on global investment and economic markets. We have all been left shell-shocked on President Trump’s tariffs, creating a whirlwind of volatility with it. The US markets have...
Inflation slows but is it the calm before the storm?
While the news inflation slowed in March to 2.6% is welcome and an interest rate cut is widely expected next month, it may simply be a brief glow of light to ward off the spectre of ‘stagflation’ a little longer.
The recent quakes from Trump’s tariffs have subsided for now and some analysts are upbeat...
Tariffs leave shaken shares and markets
Well, the world is still coming to terms with what has been unleashed upon it and the volatility in the financial markets as a result. Not only have shares been shaken-up but other things are not necessarily reacting as they ‘should’ and perhaps for ‘other’ reasons. I am also taking this opportunity to wish...
Trump tariffs – don’t panic
This is not long after my last missive but clearly President Trump’s tariffs are creating temporary havoc. However, it is very disconcerting and especially when a whole year’s ‘normal’ returns for investors can be wiped out in just a day’s movement on a market. No-one alive has faced tariff announcements of this nature.
The last...
‘Low key’ Spring Statement contained few surprises
The Chancellor’s Spring Statement did not contain a great deal we hadn’t already heard and no immediate prospects for economic growth.
In a relatively low key affair, Rachel Reeves set out her latest update on the economy and restated plans to cut the welfare budget as well as making cuts to Government departments, as we...