Federal Reserve Archives - Philip J Milton & Company Plc

Inflation continues to rise

Philip J Milton & Company Plc — Fri, 23 Oct 2026 09:00:00 +0000

Good afternoon – the first real, wintry day with the remnants of Storm Austen and isn’t it just so dark… wrap up well and stay safe! At least the Jackdaw Gas Field has been signed-off now so we shall have some more of our own gas piped in some months… gas prices here are 10x […]

The post Inflation continues to rise appeared first on Philip J Milton & Company Plc.

Fuel prices rocket

Philip J Milton & Company Plc — Fri, 16 Oct 2026 12:17:43 +0000

So, diesel and petrol (and heating oil) prices have been rocketing, with the former being the highest it has ever been. Curiously, political pundits pay little heed to the amounts of tax inclusive within the prices we pay, all the way from production to refining and the levies, before VAT is added. They don’t also […]

The post Fuel prices rocket appeared first on Philip J Milton & Company Plc.

US interest rates rise

Philip J Milton & Company Plc — Sat, 26 Sep 2026 13:16:45 +0000

Interest rates in the US have been increased as a signal that inflation is too high. Here at home, that has been deferred, at least by a month… to the relief of the Chancellor as rates on government borrowing also slipped a tad and off their recent peaks, though that is likely to be somewhat […]

The post US interest rates rise appeared first on Philip J Milton & Company Plc.

Uncertainty as US attacks Iran

Philip J Milton & Company Plc — Tue, 03 Mar 2026 17:54:42 +0000

So, early Saturday we awoke to news that bombings had taken place in Iran and the inevitable retaliation as a consequence. The weekend oil price jumped significantly and the world waits to digest the consequences. It is too early to predict outcomes but the hope will be for a short, sharp shock and a return […]

The post Uncertainty as US attacks Iran appeared first on Philip J Milton & Company Plc.

Silver prices surge

Philip J Milton & Company Plc — Thu, 15 Jan 2026 09:00:00 +0000

I am still reeling from Silver’s 130% increase in 2025. Gold was a mere 53%. And yes, it has continued – £1,000 of silver on 1/1/25 is now £2,960 – I am becoming speechless. We have trimmed some of ours but still hold over £3million but as noted, we can’t hold it any longer as […]

The post Silver prices surge appeared first on Philip J Milton & Company Plc.

Is the economy in good hands?

Philip J Milton & Company Plc — Thu, 18 Dec 2025 10:00:00 +0000

So we enter a new era with Labour ‘less trusted on the economy than Liz Truss’ Conservatives according to the last YouGov Poll. Indeed, the descent of the Labour dream seems to have been as sharp as the fall in YouGov’s share price now somewhat sorry for itself too and like Labour’s fortunes. I predict […]

The post Is the economy in good hands? appeared first on Philip J Milton & Company Plc.

Tariffs leave shaken shares and markets

Philip J Milton & Company Plc — Sat, 12 Apr 2025 11:37:18 +0000

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 you […]

The post Tariffs leave shaken shares and markets appeared first on Philip J Milton & Company Plc.

Interest rates and investment trusts

Philip J Milton & Company Plc — Fri, 27 Sep 2024 10:40:28 +0000

So the Fed has cut interest rates by a large 0.5%, helping to push Sterling to its highest against the Dollar and Euro since April 2022 (that’s a 23% gain on the Dollar since September 2022 – or a 23% loss on your unhedged US shares and bonds of course). If the Pound retains its […]

The post Interest rates and investment trusts appeared first on Philip J Milton & Company Plc.