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“The whole aim of practical politics is to keep the populace alarmed, and hence clamorous to be led to safety, by menacing it with an endless series of hobgoblins, all of them imaginary.” Henry Louis Mencken (1880-1956), American journalist, essayist, satirist, cultural critic, and scholar of American English. He commented widely on the social scene, […]
Tags: gas prices, inflation, investment strategy, recession, Ukraine
Category:
Investment management
“Smart people learn from everything and everyone, average people from their experiences, stupid people already have all the answers.” Socrates Economic update I must admit that I found this a difficult newsletter to write. For much of the month, it has been hard to think of anything other than the astonishing goings-on in British politics. […]
Tags: America, China, COVID 19, inflation, supply chain
Category:
Investment management
“Be happy for this moment. This moment is your life.” Omar Khayyam (1048-1131). Persian astronomer, historian, philosopher and poet. The Russia-Ukraine Conflict Russia’s invasion of Ukraine is first and foremost a humanitarian tragedy and we hope for a peaceful solution although the prospects are finely balanced. It is difficult to imagine what a ‘fair’ peace […]
Tags: inflation, Russia, stock markets, Ukraine
Category:
Investment management
“The pessimist sees difficulty in every opportunity. The optimist sees opportunity in every difficulty.” Winston Churchill (1874-1965), British Statesman and former Prime Minister Economic Update The first few days of February had distinct echoes of January with the contrasting fortunes of two prominent American technology companies taking centre stage. Facebook The month had only […]
Tags: Amazon, Facebook, inflation, Russia, Ukraine
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Investment management
“Stock market corrections, although painful at the time, are actually a very healthy part of the whole mechanism, because there are always speculative excesses that develop, particularly during a long bull market.” Rob Chernow; American writer, journalist, historian and biographer Stock Markets Two things happened in financial markets in the first few days of 2022 […]
Tags: inflation, interest rates
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Investment management
“Predicting rain doesn’t count, building an Ark does.” Warren Buffett, American business magnate, investor, and philanthropist. Economic Update “Same procedure as last year? Same procedure as every year!” The classic sketch “Dinner for One” is a New Year’s tradition in Germany and much of Northern Europe. Miss Sophie’s 90th birthday party and her famous reply […]
Tags: equities, growth, inflation, stock markets
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Investment management
“October: This is just one of the peculiarly dangerous months to speculate in stocks & shares. The others are July, January, September, April, November, May, March, June, December, August and February.” – Mark Twain Economic update Doom sells. Whether stock markets and economies are rosy or wobbly, making predictions of impending disaster is something of […]
Tags: bears, diversified investment, inflation, stock markets
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Investment management
What is happening? “I have little doubt that with excess savings, new stimulus savings, huge deficit spending, more quantitative easing, a new potential infrastructure bill, a successful vaccine roll out and euphoria around the end of the pandemic, that the US economy will likely boom. This boom could easily run into 2023 because all spending […]
Tags: financial planning, inflation, investments
Category:
Financial Planning
Stock market and economic commentary May 2021
“I’ve got to admit it’s getting better, a little better all the time.” – A song from The Beatles’ 1967 album Sergeant Pepper’s Lonely Hearts Club Band Coronavirus update Despite occasional, and often welcome, distractions from the world of politics, sport, weather, travel and, sadly, crime, the coronavirus pandemic continues to dominate headlines. The world’s […]
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Tags: Coronavirus, economic commentary, inflation, investment
Category: Investment management