Sterling effort, investment and taxes
The US Dollar’s the lowest against Sterling since April 2022. That’s a 20% ascent for Sterling since the Sept 2022 low. It has been weaker these last few weeks as it is expected that interest rates will be cut even though US inflation readings are mixed. Currency volatility can work for you or against...
What is a good investment opportunity right now?
Should I sell my US Tech stocks?
So according to Refinitiv, the drop in US markets has seen $3.5trillion wiped-off the ‘Faang’ stocks plus Microsoft (with $250billion last week alone). Yes, that’s primarily the US Tech leaders including Facebook (Meta) which has plummeted. That’s a third off this year – ouch. Thankfully we stuck to our guns and have had...
Government turnaround and market opportunities
Well, economics and turnarounds where the Government would be lambasted whatever it did. However, the reversal of the 5% tax cut is purely political as the suggested £0.6-£2billion it raises is a tiny sum of the total tax take HMRC collected last year of £716billion.As an economist and not a politician speaking, I still...