Well in the series of scandals that we have going on right now – The Pandora Papers, various Fed members’ antics etc – there can surely be none bigger than the fact that someone decided to make today National Taco Day. On a Monday. Is there no shame. Everyone knows Tacos are for Tuesday. If […]
The first day of each of the last three quarters has seen the Stoxx 600 +0.67% in Q1, +0.61% in Q2 and +0.62% in Q3. A clean slate, a fresh start. Promise. Positivity. Today we got very little of that (Stoxx 600 -0.42%) as more companies warned over supply chain issues (AO World tumbling over […]
Who’s off to see James Bond then? Two and a half years in the making. Five star reviews. Only the management of Cineworld (up 19% in September) more excited than me to see it finally make it to the big screen and tonight I’m…..at a parents evening. Doh. One for the weekend then and patience […]
Only the very quickest of Snapshots today with apologies – partly because it was a slightly odd pause-for-breath day with not much to say (Stoxx 600 +0.59%) but mostly because I’m whizzing to the West End to host an event discussing Cryptoassets: The Financial Metaverse – What Does it all Mean for Traders. Safe to […]
You’re all a bit more literary than me so will be au fait with Hemingway’s “gradually then suddenly” take on how bankruptcy happens. That new-to-me phrase (I was more Old Man and the Sea) seems to be increasingly de rigueur for all sorts of other events and never more relevant to investors this last few […]
One of those days where a glance at the headline moves (Stoxx 600 -0.19%, FTSE +0.17%) tells you absolutely nothing in terms of what was going on. This was a fascinating day that could yet prove to be very significant as we head into the battleground that is Q4. What we’ve lacked for the last […]
Ryder Cup weekend always a fairly special moment in the calendar and it did feel as though people’s attention drifted from Powell to Poulter as the Europeans and Americans teed off to a cacophony of noise this afternoon. Crowds are back. Events are back. No wonder the European ‘stay at home’ basket had its worst […]
A little less conversation and a little more action today as US treasuries finally got the message on tapering and bond yields had their biggest one day move since mid July (U.S 10 year yield up 7.5% and getting very close to 1.4% last). Exciting for the banks of course with signs of life in […]
A bit of unexpected scandal at the Chelsea Flower Show last night. Not my usual stomping ground if I’m honest but my next door neighbour something of a grande fromage at Yeo Valley and they were sponsoring a garden so I thought why not. The scandal came not from the amount of red trousers on […]
From a Big Move Monday to a (sort of) Turnaround Tuesday – we’re definitely back to Business As Usual with a whole host of moving parts contributing to another busy day that saw markets recover about half of yesterday’s sell off (Stoxx 600 +1.00%). The tone was set early as Royal Dutch Shell (+3.5%) confirmed […]