As I have said on previous occasions to clients, corrections happen from time to time. Particularly in the US, the market had gone up in virtually a straight line since August 2017, rising 16% in just over four months. When this sort of rise happens and...
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For the first time in a while, we seem to have some degree of reasonable and synchronised growth in all geographic and sectors of the world economy. The US and Canada, continental Europe, Asia (including China, India and Japan) along with many emerging...
Global stock and bond markets have had a good twelve months and many of them are at all time highs. From here, will they go higher or will there be falls or a correction? In stockmarket parlance, a correction is generally considered to be a pullback of 10%...
Why have the US (and other) stock markets gone up since the election against all odds? Markets can be very fickle. The rise since the US election day has taken nearly all pundits by surprise. In the cold light of day investors woke up and first of...
Last week five judges in the Supreme Court found in favour of Denise Brewster, a lady who claimed that she should receive the pension of her late partner who had died two days after they had got engaged. Ms Brewster’s partner, Lenny McMullan, had...
As I am sure you are aware, OPEC met at the end of November and, led by Saudi Arabia, has agreed to cuts in oil production. Certain non – OPEC countries such as Russia (which is up there with the US and Saudi Arabia, as the world’s largest...
In early August, in response to fears of a slowdown or a possible mild technical recession in the UK because of Brexit, the Bank of England cut interest rates from 0.5%, where they had been for seven years, to 0.25%. In addition, the bank announced an extra...
During this tax year, everyone over the age of 16 and who is UK resident can put up to £15,240 into an ISA. This annual allowance will rise to a generous £20,000 in April 2017. Stocks and shares ISAs have tax advantages that are worth...
Bank of England base rates here in the UK are likely to stay “lower for longer”, as the phrase goes. Indeed, they are likely to be unchanged at 0.5% in this calendar year and market expectations on balance are now for a reduction. Interest rates...