All good things come to those who wait… Monday Musings 25/10/2021-Part 1
Today is the wrong day to be writing the musings, I say this because the Chancellor will be delivering his budget on Wednesday, and everything could change. He does seem to have an almost impossible task in marrying the needs of the people and the needs of the UK. What I mean is that the economic requirements of the state rarely coincide with the economic needs of the man on the Clapham omnibus, and right now these two are much further apart than usual.
I find it difficult to make any confident predictions of what the Chancellor will announce, so I have decided to send out post budget musings when I will be able to comment on what he has announced.
In the meantime, to the markets
|04.01.2021||25.10.2021||% Change||% Change on week|
|FTSE 100||6571.80||7204.55||Up 9.63||Down 0.41|
|Dow Jones||30105.26||35677.02||Up 18.50||Up 1.08|
|Nasdaq||12696.74||15090.20||Up 18.85||Up 1.29|
|S&P||3695.49||4544.90||Up 22.97||Up 1.64|
|NIKKEI||27228.07||28804.85||Up 5.78||Down 0.91|
|Hang Seng||27431.07||26126.93||Down 4.75||Up 3.14|
|Shanghai||3502.13||3582.60||Up 2.28||Up 0.29|
|CAC 40||5584.96||6733.69||Up 20.57||Up 0.09|
|DAX||13733.08||15542.98||Up 13.17||Down 0.28|
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