Thursday, 20 July 2017

"Easyjet's big challenge: not Brexit but who's the new captain?"

I wrote a piece titled "Easyjet's big challenge: not Brexit but who's the new captain?which was uploaded just now to the ShareProphets website.  A link to the piece (free sign-up) is here.


Wednesday, 19 July 2017

"Despite Brexit uncertainty don’t panic buy your holiday currency just yet"

You can read my latest thoughts talking about the Pound and Brexit...

"Despite Brexit uncertainty don’t panic buy your holiday currency just yet"

...uploaded onto the Yahoo Finance website here. 


Sunday, 16 July 2017

Stories we should be thinking about

Stories we should be thinking about

Macro matters:

Another bullish week…

Global stocks gained another $1.6trn this week. Equities now worth $76.9trn, highest in history. Equals to 102% of world GDP…



…and as Fast FT noted:

The S&P 500 closed at a fresh record high, while a rebound in tech stocks saw the Nasdaq pull off its best week this year.

So why?  Well I think it is all helped by the lower US dollar which is better for global balance and confidence:

The dollar index — which measures the greenback against a basket of peer currencies — has declined 0.6 per cent on Friday, taking it to 95.15 — its lowest point since late September, according to Bloomberg data. The index is also on track for its steepest one-day slide since June 27.
And if you look at history it suggests it can go lower:



And why would this be?  Well of course a less impressive US economy could be influential and I think confidence is rolling over…

To read the rest of the Stories we should be thinking about click here for free access!

And if you want to sign up for free to my Monday-Friday Financial Orbit Macro product then check the tab above.