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Read moreMonday Musings 23/09/2019
A little Boris here a little Corben there, here a Trump there a Trump everywhere a Trump Trump John McDonald has a farm Eei EEi Oh.
A little Boris here a little Corben there, here a Trump there a Trump everywhere a Trump Trump John McDonald has a farm Eei EEi Oh.
A little Junker here a little Merkel there, here a Tusk there a Tusk everywhere a Tusk Tusk Emmanuel Macron has a farm EEi EEi Oh
A new deal here a no deal there, here a back stop there a back stop everywhere a stop stop Leo V has a farm EEi EEi Oh
Climate protesters here Climate protesters there, here a typhoon there a typhoon everywhere a typhoon we’ve all bought the farm EEEi EEi OH
I could go on and write a new top ten number but I’m getting a headache. The point of course is that we are still in a period of great uncertainty especially here in the UK. I am sure that you will have read that many of the major central banks have all either reduced interest rates and or started a program of quantitative easing. Both measures are designed to assist industry and boost their economies, I feel that they are acting in a proactive way rather than waiting for disaster to strike. As you will recall these were actions the Central Banks took after the world caught a cold last time.
As we approach the last quarter of 2019 I am quietly confident that by careful monitoring of the funds we buy for our clients we will end the year on a positive note.
So to the Markets, a mixed bag of results over the week. As you will see the FTSE 100 was down over the week as were the US markets. In the Far East the Nikkei was up with the Hang Seng and the Shanghai both down. The CAC has a positive week whereas the DAX broke even.
Market movements of the week
FTSE 100 down 0.31%
DOW JONES down 1.05%
NASDAQ down 0.72%
S&P 500 down 0.51%
NIKKEI up 0.41%
HANG SENG down 3.35%
SHANGHAI down 0.82%
CAC 40 up 0.62%
DAX down 0.00%
I had a strange encounter on Facebook this week (sounds silly, bear with me…). A new mum put a post up on a local group asking for help. She said.
Read moreAs I’m sure is the case for you, I’ve been watching the coverage of the Israel – Hamas war with horror. The loss of innocent civilian lives, the impact of.
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