Warren Buffet has contributed little to the planet bar income tax. That said though, his deceivingly simple and much quoted line about contrarianism is actually quite well founded. The VIX Volatility Index (VX) is essentially a measure of uncertainty. When it’s at highs, the inference is that market volatility is also high. Volatility is caused, at least in…
Miner stocks are topping the UK 100 this morning. This is thanks to more dovish than expected dollar-weakening words of wisdom from US Federal Reserve Chair Janet Yellen which have given a fillip to the dollar-denominated and stimulus/low-rate sensitive commodities space. UK-listed Miners are benefiting from an increase in risk appetite on expectations of lower global…
Macro observations Markets are easing back into the swing of things after Easter. US Fed’s Yellen to speak Tuesday 29th in the afternoon (16:30 GMT). This will be watched closely given some surprise moves into hawkish territory by some Fed members. Lots of US jobs data this week, in focus after some other disappointing recent prints, but…
INTEREST-RATE HIKE CHATTER HITS MARKETS; WHAT DOES THIS MEAN? Despite the tragic events of the past week being at the forefront of everyone’s minds, it’s time to separate all the emotion from the current global climate & start doing what we need to in this business – look forward & plan ahead. US interest rate hike chatter has…
This week saw taxpayer-rescued Royal Bank of Scotland (RBS) pay the UK treasury a whopping £1.2bn. Why? To allow it to restart paying dividends. Great news for shareholders, especially with peer Lloyds (LLOY) having just resumed its own payments. Nothing has been payable on RBS shares since early 2008, much to the discontent of long-term holders, so…
Marketwatch – 24 Mar http://www.marketwatch.com/story/us-stocks-set-to-break-five-week-winning-streak-as-dow-futures-fall-150-points-2016-03-24?mod=mw_share_twitter Telegraph – 24 Mar http://www.telegraph.co.uk/business/2016/03/24/UK Index -falters-as-dollar-strength-hurts-commodity-stocks/ Guardian – 24 Mar http://www.theguardian.com/business/live/2016/mar/24/markets-fears-stronger-dollar-china-UK Index -next-business-live Le Figaro – 24 Mar http://www.lefigaro.fr/flash-eco/2016/03/24/97002-20160324FILWWW00061-la-bourse-de-londres-en-nette-baisse.php Digital Look – 24 Mar http://www.digitallook.com/news/news-and-announcements/next-warns-this-year-could-be-toughest-since-2008–1090399.html Reuters – 24 Mar http://uk.reuters.com/article/europe-stocks-idUKL5N16W1GC Nasdaq – 24 Mar http://www.nasdaq.com/article/market-snapshot-us-stocks-set-to-break-fiveweek-winning-streak-as-dow-futures-fall-150-points-20160324-00123 This is Money – 24 Mar http://www.thisismoney.co.uk/money/markets/article-3507412/Next-warns-current-year-worst-recession-despite-posting-healthy-rise-annual-profit.html This is Money – 23 Mar http://www.thisismoney.co.uk/money/markets/article-3505974/No-tears-Worst-Cheltenham-results-recent-history-prompt-UK-s-largest-bookie-William-Hill-warn-profits.html…