magazine archive
magazine archive
Editor's View
Might 10 November 2022 go down in history as the turning point for shares?
Thursday 17 Nov 2022There have been several distinct turning points in depressed markets in recent years. Monday 23 March 2020 saw the US Federal Reserve say it would do whatever it took to stop the US economy collapsing from the Covid pandemic. Monday 9 November 2020 saw Pfizer and BioNTech say their Covid vaccine...
Investors beware: the Government has its eyes on your dividends
Thursday 10 Nov 2022There is growing speculation that chancellor Jeremy Hunt will increase taxes on individuals who owns shares when he announces the UK Autumn Statement on 17 November. This threatens to eat into people’s returns and make investing less appealing to those not already doing it. Media reports suggest...
Why any gas price relief in Europe could be short-lived
Thursday 03 Nov 2022One of the few positives European commentators have been able to cling to in recent times is the big drop in benchmark gas prices. However, while a glut of gas in storage and mild autumn temperatures are helping for now, there are reasons to believe things could get worse again before they get...
What can GSK do to catch up with its global health care rivals?
Thursday 27 Oct 2022It’s been a tough few years for UK pharmaceutical giant GSK ( GSK ) . Arguably the time is ripe for health care stocks. They enjoy decent pricing power, demand is relatively uncorrelated to a troubled global economy and margins are typically strong. Added to this, the Covid-19 pandemic offered a...
Revealed: how investor impatience can come with big costs attached
Thursday 20 Oct 2022We’re often told that patience is a virtue, which let’s be honest can be fairly annoying – we understand, obviously, but it’s not always easy to put this doubtless good advice into practice. This maxim is just as frequently applied to investing as it is to other areas of everyday life, and will...
Why this market might be enough to make you turn to drink
Thursday 13 Oct 2022We are staring down the barrel of a global recession, exacerbated by rising interest rates and that’s making life very difficult for consumer-facing stocks. However, could the alcoholic drinks industry be an exception? History suggests this sector can be recession resilient. There is logic to this...
The best investors are hunting for their next winners while stocks are on sale
Thursday 06 Oct 2022It’s a difficult time to be a manager of a growth fund in the current market. Investors are no longer willing to pay high earnings multiples to own these types of stocks, and inflationary pressures mean growth is evaporating for many companies in this space. This matters because investors have put...
Discount retailers could be the next losers from inflation and interest rate shock
Thursday 29 Sep 2022The slump in the pound has been the big talking point for investors over the past week thanks to the market’s negative response to the new UK Government’s mini-Budget. All those experts who had been banging the drum that UK equities were cheap may now be sitting with their head in their hands, as...
This is how investors might deal with stagflation
Thursday 22 Sep 2022For months investors have feared a period of stagflation and the latest round of inflation figures would suggest this fear is closer to becoming a reality. Stagflation is characterised as high inflation and low or no economic growth. Investors would be wise to look back at previous periods of...
What now for European stocks as ECB unveils new record hike?
Thursday 15 Sep 2022The European Central Bank’s decision to lift rates by a record 75 basis points (8 September) came as no surprise. After all it was playing catch up with its global counterparts in moving to address the current inflationary pressures by lifting rates. The ECB has different considerations than other...