Autumn Statement blues: I repeat, in a world of stagflation, there are no good policy choices… nevertheless, a 23% hike in fuel taxes is, during a cost of living crisis, when people are struggling to pay basic bills, to say the least. , odd. It is clearly inflationary, just as the budget was supposed to …
Shares of three major insulin makers fall following fake tweet Eli Lilly is removing all advertisements from the social media site There’s nothing like a bit of negative publicity to send a pharmaceutical company’s stock price plummeting. Investors in the sector should normally watch out for disappointing clinical trial results or class action lawsuits. But …
Models failed to reveal the influence of liabilities on the market (But no one seemed to notice…) Lots of idea-generating content It turns out that passive investors hold a lot more share of the stock market than previously thought. This is according to a recent paper titled “Passive Ownership Share Is Twice What You Think …
Farm of Ideas: Passive saturation? – Chronicle of investors Read More »
Companies Redrow sales drop 23% Home builder Redrow (RDW) blamed a 23% drop in sales on “recent instability in financial markets”. In a trading update, the homebuilder said private revenue per outlet per week was £238,000 compared to £310,000 last year, in further sign of the impact of rising prices. interest rates on real estate …
Markets Today: Positive Mood Continues After Inflation Print Read More »
Companies Chinese restrictions hit Apple Apple (US: AAPL) says it has temporarily scaled back iPhone 14 production due to restrictions in China, leaving its Zhengzhou factory operating at “significantly reduced capacity”. Meta (US: META) expected to begin mass layoffs this week… where Elon is leading the rest will follow? Apparently Musk let some people go …
Markets today: Bulls battle for control as China crushes reopening hopes Read More »
Companies Sizewell C under review The UK government has placed the massive Sizewell C nuclear power station under review, according to reports. The huge project, which was expected to generate 3.2 gigawatts of electricity, has faced years of planning wrangling and is already expected to cost significantly more than its original £20billion budget. A government …
Markets Today: European Stocks Rise Ahead of NFP, China Reopening Abounds Read More »
Companies The president of De La Rue facing the shareholder vote One of From the Street (DLAR) major shareholders are trying to oust Chairman Kevin Loosemore after two profit warnings this year. Crystal Amber has called on Loosemore to resign with immediate effect. In January, the activist investor told the Financial Times that the company …
Companies Lloyds hit by impairment charges The third quarter banking reporting season took a national turn with Lloyds Bank (LLOY) giving early warning signs of the state of the UK economy. Operationally, the bank is doing well with net interest margins now forecast at over 2.90% for the year thanks to rising interest rates and …
Markets Today: Meta Sinking, Shell Beating, ECB Leading Read More »
Companies Concerns rise over digital advertising as economic outlook deteriorates The morning news round was dominated by the revelation that Google’s parent company Alphabet (US: GOOGL) posted third-quarter revenue of $69 billion, up 6% year-on-year but below analysts’ estimates of $70.9 billion. It’s not a disaster on the face of it, but the main issue …
Markets today: Earnings falter, Fed pivot hopes misplaced? Read More »
With markets remaining volatile, we look at best practices for different investors A sale can offer valuable portfolio insights Even the most diversified portfolio has had a tough time lately. Stocks and bonds have been under huge pressure for most of the year, with once reliable alternatives such as infrastructure having their own minor tantrums …
