oil prices Archives - Philip J Milton & Company Plc

SpaceX debut sees wings clipped

Well, SpaceX debuted and rose very considerably in those early days, adding fortunes to Elon Musk’s fortune, before then falling a cool $1trillion the following week before rebounding slightly. This isn’t ‘investing’ but well done him and others for capitalising on this global tech feeding frenzy which doesn’t understand the difference. Here at home, we...

Global uncertainty but spring is here

Welcome to spring and longer days (with all the clocks springing forward too). It’s always lovely to see new life bursting forth, oblivious to everything else happening in the world and ever was it thus. In this we have something to appreciate, regardless of all the geopolitical traumas or indeed personal afflictions which may...

Hunting for safe havens

Where are all the safe havens? As the markets slip, even gold and silver fall (though as I have kept saying, they have been too dear anyway and ‘alternative safety’ assets need always to be cheap to start). Not that we’re chartists but the charts for those two have boded very badly indeed. We...

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...

SpaceX debut sees wings clipped

Global uncertainty but spring is here

Hunting for safe havens

Markets continue to wobble

Uncertainty as US attacks Iran

Some growth but inflation bites

Oil prices and energy concerns

Markets rebound despite Middle East troubles

Autumn market musings

Market news, discontented winter, investment and pensions

Risk Warning

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Philip J Milton & Company Plc

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