News

Market Update 28th April 2025

News: 28 April 2025

1st quarter earnings season is well underway. The results we’ve had so far have been summarised relatively neatly by the fortunes of two of America’s most famous consumer goods groups, Pepsico and P&G. Each delivered reasonable numbers.

Market Update 15th April 2025

News: 15 April 2025

Market Update 31st March 2025

News: 31 March 2025

Spring has sprung and that means the UK government’s Spring Statement has been released. Like with anything it’s a balancing act and should really offer no surprises after the Autumn Budget.

Market Update 24th March 2025

News: 24 March 2025

Germany passing its new infrastructure and defence spending plans is enormous news. In absolute terms, the EUR500bn that has now been officially approved for infrastructure is not dissimilar to Joe Biden’s (somewhat ironically named) Inflation Reduction Act. However, since the population of Germany is almost equivalent to that of just two of the most populus states (California and Texas) the per capita spend is even more significant.

Market Update 17th March 2025

News: 17 March 2025

A lot has happened over the last few weeks. The consensus view appears to be that the market is concerned about possibly weakening growth in the US. There has also been a change in rhetoric from the government.

Market Update 10th March 2025

News: 10 March 2025

Market Update 3rd March 2025

News: 03 March 2025

Market Update 24th February 2025

News: 24 February 2025

I strongly feel that reading company results is the best way to get an insight into the goings on of the market. The ONS, IFS, BRC and other TLAs (three letter acronyms) have good insight, but there’s no replacement for hearing what’s going on directly from the horse’s mouth.

Market Update 17th February 2025

News: 17 February 2025

One of my favourite behavioural studies is a group of people being given a picture and a description of a young man. He wears glasses, he’s introverted, doesn’t have many friends and lives with his parents. He is at university and the group are asked to guess what course he is on. A high percentage of them say computer studies.