Philip Milton Comment Archives - Page 7 of 9 - Philip J Milton & Company Plc

What does the Autumn Statement mean?

The markets have been steady following the Chancellor’s Autumn Statement, which came as no great surprise in its bid to tighten belts and curb public debt. The Pound did see a slight dip but has remained firm otherwise and that was more to do with what the Dollar was doing than the Pound itself. The budget...

The science of investment explained

So US inflation is tidier than expected and the NASDAQ rises by 7.5% on the day (as it is hoped further interest rate rises may not happen and indeed the next may be downwards) and a further 2% the next day. The mainstream market likewise rocketed and the US Dollar fell significantly too.Generally, investors...

Seeking out those elusive lost pension pots

Somewhere out there is almost £27billion in ‘lost’ pension pots, according to a recent report. The Times tells us there are 2.8 million ‘missing’ pots out there which highlights the difficulties savers can often face keeping track of what they hold. The startling numbers are based on a report from the Pensions Policy Institute, an industry...

What do rising interest rates mean for savers and mortgage seekers?

Interest rates have risen to 3%, the highest rate in 14 years and the subject dominating the headlines this week. On the surface it appears to be good news for savers and bad news for many people with mortgages, especially if their fixed term rate deal is set to expire and they need to go...

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...

May the new Prime Minister bring stable markets

Let’s hope we can look forward to a little stability under new Prime Minister Rishi Sunak – initial reports at the time of writing on Monday suggested the markets had responded well, Sterling was up and Gilt yields were lower. Time will tell of course and Mr Sunak has a very large task ahead of...

Prime Minister resigns

I feel I can’t keep sending ‘emergency’ eshots as things are changing so fast and the consequences and implications will take some time to digest by ‘everyone and everything’.It was sad to see the Prime Minister resign today. I don’t say that in any other way than criticism at the behaviour and reactions and...

Death by a thousand cuts

Volatility has been unrelenting. Contrary to our media’s interpretation too, it’s not just ‘us’ and the whole world’s meltdown these last few weeks is not all because of our Mini Budget where only two small unannounced tax cuts were made, if we ignore bringing forward one year Rishi’s promised 1p off the Basic Rate...

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...

Goodbye Ma'am. What an amazing send off for a beloved monarch.

Farewell Your Majesty

What a send-off to the Queen and what a truly remarkable character to emulate. Nowhere in the world can match what our little Country can do. And for all those negative people out there, keen to knock back what we represent and achieve, it was and is time to reflect yet again. ...

What does the Autumn Statement mean?

The science of investment explained

Seeking out those elusive lost pension pots

What do rising interest rates mean for savers and mortgage seekers?

Should I sell my US Tech stocks?

May the new Prime Minister bring stable markets

Prime Minister resigns

Death by a thousand cuts

Government turnaround and market opportunities

Farewell Your Majesty

Risk Warning

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Philip J Milton & Company Plc

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