Markets continue to wobble
Oh dear, more uncertainties afflicting global markets as a consequence of the attacks on Iran and then the ramifications. They are dreadful and for the innocent people involved but as for the financial implications, on capital markets, maybe retrenchment reflects the ‘need’ for profit-taking it seems. This is even discounting unintended consequences, such as...
Uncertainty as US attacks Iran
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...
Some growth but inflation bites
It’s been good to see some economic growth with an unexpected 0.3% figure in November. Services and production rose and construction fell. The results at least counter some of the previous slippage but won’t be giving a great annualised figure regardless – but all helping.
Likewise, whilst we read a colossal 700,000 graduates are unemployed,...
Oil prices and energy concerns
Good afternoon. Along with Mr Felix Milton, I have just returned from an encouraging and helpful conference with ACFA – I have not been for a few years so it was a good and worthwhile event to recharge batteries.
We were reminded of the value of the advice and service which a good financial adviser...
Markets rebound despite Middle East troubles
The markets are hoping that Middle-Eastern concerns have not escalated and after initial worries, markets have rebounded and the oil price slipped-back again. Let us be hopeful that is a permanent state of affairs though the Israel Hostage and Palestine situation does not go away.
The UK and the US have approved further sums for...
Autumn market musings
I am going to be signing-off for a few weeks now for a much-needed proper break, (excluding Christmas) the first since July last year, so am completing an eshot just before I disappear.
Of course I shall be keeping more than a wary eye on things and especially the markets (the joys of global internet...
Market news, discontented winter, investment and pensions
It seems we are entering a temporary ‘wobble’ period prefaced by developments on Ukraine’s border. These are disturbing and I hope will abate rather than escalate.However, this could be the precursor to a meltdown of US Tech in that the falls on Nasdaq have been savage and swift and these will percolate through to...