REMINDER: Last call for pre-registration for the Webinar Thursday 30th November 10am Pre-registration link is here: https://event.on24.com/wcc/r/4415548/1FE19490B28856477CC82CC544A090D0 N.B. The webinar will be recorded, so if you cannot attend but.
Read moreMonday Musings 30/09/2019
When you are reading this, I will be in London at a function with my Livery Company – The Carmen- we were founded in March 1517 so have been around for some time. Close by will be that other ancient institution where our leaders will be attempting to function. I know where I would rather be. I also know that if the Carmen and the other Livery Companies were as chaotic as the Houses of Parliament seems to be at the moment, they would not have lasted the hundreds of years that they have.
Many of the people I talk to ask me what impact I think that Brexit or not Brexit or some kind of Brexit will have on the markets. I have to say that I cannot give a definitive answer. I read many opinions from analysts working for the leading investment houses and in truth there is not a consistent opinion to be found. At the moment I am pretty convinced that the market makers have already discounted the potential downside of whatever we end up with. It is true to say that Sterling fell again this week and that it is the most likely price to be affected by the Brexit result.
The FTSE100 was ahead of the pack for the week, the USA and the Far East falling. In Europe the main indices also fell slightly
Market movements of the week
FTSE 100 up 1.11%
DOW JONES down 0.43%
NASDAQ down 2.19%
S&P 500 down 1.01%
NIKKEI down 0.91%
HANG SENG down 1.82%
SHANGHAI down 2.47%
CAC 40 down 0.88%
DAX down 0.70%
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.
Read more