magazine archive

magazine archive

Russ Mould

The silver price is cheap relative to gold

Thursday 30 Jul 2020

The Silver Surfer was the creation of Marvel Comics legend Jack Kirby and the character acted as the herald of Galactus, the devourer of planets. This intergalactic super-being was usually fended off by the Fantastic Four or The Avengers. From the point of view of investors, inflation devours...

The 20 names which hold the key to UK dividends

Thursday 23 Jul 2020

An aggregation of analysts’ forecast for all of the FTSE 100’s members suggests that the index offers a dividend yield of 3.6% for 2020 and 4.4% for 2021. Those figures may look alluring to income-hunters, especially as the Bank of England base rate looks firmly anchored at 0.1%, and the next move...

Earnings forecasts flag FTSE 100’s mixed profit pedigree

Thursday 09 Jul 2020

The Financial Conduct Authority’s decision to give companies additional time to prepare their financial statements may elongate the process but the imminent reporting season for UK plc could go a long way to shaping how the headline FTSE indices perform for the rest of this year and beyond. The...

Good portfolio planning matters more than good luck

Thursday 02 Jul 2020

The twentieth-century American journalist Edward R. Murrow may be best known for his ground-breaking reports from Buchenwald in 1945 and the manner in which he signed off each of his broadcasts by saying ‘Good night and good luck’. That phrase was ultimately used in 2005 as the title of a film that...

US equities may need to prove their independence from the Fed

Thursday 25 Jun 2020

America’s S&P 500 stock market index is down just 5% so far in 2020 and it is up 5% compared to its level of a year ago. Given everything that the world continues to throw at it – COVID-19, a deep economic downturn, social unrest, ongoing trade tensions with China and apparent chaos in the...

EU gears up for its next challenge

Thursday 18 Jun 2020

This week’s online meeting of the European Union’s members to debate the proposed €750bn Covid-19 recovery plan is vitally important economically and politically. For progress to be achieved and help offered to those who need it, amid predictions that EU GDP will drop by 8% to 12% in 2020, all 27...

Why the UK market has lagged behind

Thursday 11 Jun 2020

At the time of writing, the FTSE All-Share stands 32% above its March lows, which sounds pretty good, even reassuring, on the face of it. However, that rebound means that the All-Share has still lagged the FTSE All-World over the same period. It also means that the UK has underperformed most major...

Why US corporate profits need to recover – and fast

Thursday 04 Jun 2020

As America’s benchmark S&P 500 index barrels beyond the 3,000 mark once more, the US equity market continues to price in either a rapid earnings recovery or substantial monetary stimulus (and support for financial markets from the Federal Reserve) or further fiscal stimulus from Capitol Hill –...

What a corporate dash for cash could mean for investors

Thursday 28 May 2020

April gave investors a taste of corporates’ need for cash, as listed firms tapped shareholders for £3.3bn, according to London Stock Exchange data, but Compass ( CPG ) and Whitbread ( WTB ) moving to raise £3bn between them in the space of a few days takes the figures to a different level as firms...

Why the FAANGs are flying high

Thursday 21 May 2020

The best performing stock in the S&P 500 in 2020 to date may be a gold miner, Newmont, but 10 of the top 20 names are tech stocks of various colours and five more are pharmaceutical or biotech plays. Two – Netflix and Amazon – are part of the FAANG quintet, along with Facebook, Apple and Google...