Good news for client accounts
Well as expected, the Bank of England increased rates by the ‘biggest amount in 27 years’. It’s a tad disingenuous to say that 0.5% is ‘that’ but there we have it. And now headline inflation hits 10.1%, so I suppose in traditional economic terms the BOE will increase rates again (whether it is the...
Natural income, expensive homes and farewell Neighbours
Well it’s been better news on the markets these last few weeks, following the dismal conditions up till then. There is some dreadfully attractive value out there though. However, for the UK and underpinning our mantra regarding ‘natural sustainable income’ from your investments, dividends are holding-up really well.There were some large one-off payments last year, but...
Political shenanigans & stable UK markets
So I grab a week’s trip to visit our daughter in Malta doing a four-week Elective in the Valetta Hospital and I can’t trust you to look after our Prime Minister in that time. I don’t know. The markets and currency have been most resilient – as an ‘uncertainty’ about the possible ongoing uncertainty...
Interest rates go up, some markets go down
Well. The world is a changed place, economically. The US has raised interest rates by the biggest one-day sum for 30 years but let’s not lose perspective – that is 0.75%pa.Our own rates have also risen 0.25% and the markets are saying ‘not enough’.
This is after the lowest rates since the Bank of...
Ups, downs and in the dog house
I was pleased to hear Australia’s second wealthiest man, Andrew Forrest, is starting a criminal prosecution against Facebook for taking money from scammers and then publishing their adverts.It will be wonderful if the case succeeds and then compensation could be the next course for all those who have lost billions.It is not right that...