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Read moreMonday Musings 27/01/2020
Well who would have thought it, this is my last MM before the whole world changes. Next week we will be out of the EU and will be classed as a third country by ‘them over there’. For better or worse we will be fighting our own corner against the world so let’s hope that we are fighting fit. There is no doubt, at the risk of being boring, that the UK enjoyed a “Boris Bounce” after the election. But now comes the hard part.
Turning to more important matters the winner of last week’s question: How many types of ISA are there? Although the prize was for the first three correct answers, my noble staff pointed out me that this would disadvantage those who get their musings in the post as they would be at least a day behind the email contingent. As we only had one correct answer from the posties, well done Mrs D, I will be sending out four bottles of champers not three. One of the winners, Natasha, is on her second bottle, I might have to ban you Natasha, our winners are, Liam S and Peter D.
So, to the markets
As I have said before sometimes markets are driven by sentiment rather than logic and this week the virus from China has put markets into reverse. Having said that the Dax managed a slight upward move. Have you used all the tax breaks available? Don’t forget your £20,000 ISA allowance.
Ask for your free ISA booklet which we have produced to explain the types of ISA available
Market movements of the week
FTSE 100 down 1.15%
DOW JONES down 1.22%
NASDAQ down 0.79%
S&P 500 down 1.03%
NIKKEI down 0.89%
HANG SENG down 3.81%
SHANGHAI down 3.22%
CAC 40 down 1.25%
DAX up 0.37%
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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