Philip J Milton Archives - Philip J Milton & Company Plc https://www.miltonpj.net/tag/philip-j-milton/ North Devon's Leading Wealth Managers Sat, 26 Sep 2026 13:16:48 +0000 en-GB hourly 1 https://wordpress.org/?v=7.1.2 https://www.miltonpj.net/wp-content/uploads/2018/02/PJMCO-Site-Image-4-100x100.png Philip J Milton Archives - Philip J Milton & Company Plc https://www.miltonpj.net/tag/philip-j-milton/ 32 32 US interest rates rise https://www.miltonpj.net/2026/09/26/interest-rates-rise-us-is-uk-next/ Sat, 26 Sep 2026 13:16:45 +0000 https://www.miltonpj.net/?p=12429 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 […]

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]]> UK economy grows, but… https://www.miltonpj.net/2026/09/17/economy-grows0but-gilts-struggle/ Thu, 17 Sep 2026 08:00:00 +0000 https://www.miltonpj.net/?p=12409 At last the economy grew and better than hoped – by 0.4% in the quarter to 31 July and apparently fuelled by AI efficiencies and World Cup spending. However, the Government really has problems. Ostensibly it has sold the most expensive 30-year debt since 1998 – 5.82%. The very first 30-year started on 28 January […]

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]]> New bond lows https://www.miltonpj.net/2026/09/08/bond-levels-hit-new-lows/ Tue, 08 Sep 2026 08:00:00 +0000 https://www.miltonpj.net/?p=12395 So Lake Ontario is now to be called Lake America and so a wag has said Canada Geese are also now called Donald Ducks… oh well, let’s await developments there… the loyalists fought-back against the American invaders in the 1812 war and won and the White House was burned-down in 1814. Let’s trust they can […]

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]]> Economic growth and a little calm https://www.miltonpj.net/2026/08/26/economic-growth-and-some-calm/ Wed, 26 Aug 2026 11:55:22 +0000 https://www.miltonpj.net/?p=12383 Have been listening to this strange noise outside today – the pattering of much-needed rain. I appreciate if you are on holiday here it’s not so good but the ground needs it desperately so please forgive us! Pleasing to see the latest Quarter’s economic growth rate at 0.4%. It is still lower than it should […]

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]]> FTSE flies but what’s inside? https://www.miltonpj.net/2026/08/03/share-price-high-for-ftse100/ Mon, 03 Aug 2026 08:00:00 +0000 https://www.miltonpj.net/?p=12371 Welcome to a new all-time high for the FTSE100. Remember, it’s just a number and it’s the contents which are important and what are powering the underlying indices. Banks have been very strong (Lloyds’ results yesterday saw the shares at their highest since 2009) and now Rolls Royce is a major component too. Oils are […]

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]]> The good, the bad and SpaceX https://www.miltonpj.net/2026/07/18/spacex-shares-fall/ Sat, 18 Jul 2026 09:00:00 +0000 https://www.miltonpj.net/?p=12355 Some news’ improvement amongst the negative developments in the Middle East (again) – US inflation went down to 3.5%, somewhat unexpectedly. That should give some respite in interest rates and the strength of the Dollar. Meantime, here at home our economy grew by 0.1%, led by services. It’s not much and it is primarily a […]

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]]> SpaceX debut sees wings clipped https://www.miltonpj.net/2026/07/07/spacex-soars-then-falls-after-flotation/ Tue, 07 Jul 2026 08:28:00 +0000 https://www.miltonpj.net/?p=12344 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 […]

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]]> Unexpected growth in economic area https://www.miltonpj.net/2026/06/06/economy-grows-but-one-swallow-does-not-make-a-summer/ Sat, 06 Jun 2026 13:50:09 +0000 https://www.miltonpj.net/?p=12318 Shockingly (as we weren’t expecting it!) but the economy grew 0.6% in the first quarter – not quite sure how! Apparently, it was ‘services’ primarily. So, the extra 0.1% over what was expected is being headlined by the Government as wonderful news but sadly one swallow does not a summer make. On the same day, […]

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]]> Wobbles at the top? https://www.miltonpj.net/2026/05/14/labour-facing-change-at-the-top-amid-wobbles/ Thu, 14 May 2026 08:00:00 +0000 https://www.miltonpj.net/?p=12302 Well, potentially all change at the top. I remembered this quotation from a more contrite and accommodating man during the now old 2020 Labour leadership election. “When they [CPS staff] made mistakes, I carried the can. I never turn on my staff and you should never turn on your staff. I will carry the can […]

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]]> Markets, US highs and ongoing uncertainty https://www.miltonpj.net/2026/05/06/markets-uncertainty-and-us-highs/ Wed, 06 May 2026 16:36:29 +0000 https://www.miltonpj.net/?p=12289 Just for a change, it is very difficult to interpret what is happening at the moment and to note the effects on markets. I say that tongue in cheek as of course, it is always difficult and when it appears that it isn’t, that is when complacency can preface an upset, so beware! The US […]

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