Friday, 30 October 2020

Weekly links

Far from an easy week in the global financial markets.  Even my glass half-full notions would only bring me to this following observation mid-week: 

"The third quarter pan-European corporate earnings season remains at best a climbing up the wall of worry influenced event. Individual stock selectors will continue to find specific stories of interest, but more diversified and general investors will still need to embed anticipated narratives about Brexit and pandemic realities into their pan-European asset allocation choices. However, in a world of an imminent important presidential election and a world outside East Asia still significantly pandemic impacted, anticipated narratives are playing their role elsewhere too. For pan-European - and arguably global investment markets outside the U.S. - the capability to positively surprise remains reasonable. After all - in the shorter-term, whilst we wait for dividends and earnings to fully catch up - markets can easily be stupidly overly fearful as well as overly euphoric"

Certainly going to be a busy macroeconomic period in the early days of November.  Follow all my thoughts on Twitter @financial_orbit

Elsewhere, you can hear my thoughts on three UK mega cap shares here in my weekly appearance on the Vox Markets podcast


My three favourite articles on the ShareProphets website this week were...

The madness of worrying about 'cut-price private equity deals'

Whitbread is sticking with the plan (and I'm sticking with the shares)

On a shabby day, Ibstock is still building value...

...which you can find here, here and here. 


And finally, you can watch the property webinar I hosted here earlier in the week. 




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