New bond lows
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...
Economic growth and a little calm
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...
The good, the bad and SpaceX
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...
PM resigns – will uncertainty reign?
Goodbye Sir Keir, hello tomorrow. Sadly, I fear he won’t be missed greatly and with negligible legacy to remember though we must recognise that any such change creates opportunity for uncertainty. It may seem that a certain new MP is crowned without competition.
We can then only hope he will have better economics than the...
Unexpected growth in economic area
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,...
Wobbles at the top?
Hunting for safe havens
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...
Some sad news
Good morning. Just a brief update for you but thought I should share some sad news as a special edition.
I should add too that there will also be a special pre tax-yearend newsletter in the post in a few weeks as well, reminding investors to use their various allowances.
Sad death
Mrs Jean Reed passed...