Bank recovery is unlikely but true January 21, 2013 Chief Market Strategist, Cantor Index WHO would have thought that the banking sector would make such a spectacular recovery in 2012? And who expected it would do so in the wake of a breathtakingly toxic European sovereign debt crisis, which came to a crescendo when the European Central Bank president Mario Draghi made that immortal [...]
The Tipster | The glass is half Fullers January 21, 2013 THE glass is half-full for Fuller Smith Turner. Backed by steady growing turnover and profit, the brewer’s shares have risen by nearly 9 per cent over the last year. Like-for-like sales over Christmas and the New Year are also expected to be up, giving traders something to toast when it issues an interim management statement [...]
Davos never fixes global economy January 21, 2013 ENOUGH is enough. No more snow please. As an Englishman, I know deep down we are atrocious at handling Alpine conditions in this country. Britain’s recent heavy snowfall is threatening to send the country flying into a triple dip (or whatever number we are up to now) recession, as the UK economy grinds to a [...]
Analyst picks for 22 January 2013 January 21, 2013 CURRENCY STRATEGIST CHRIS VECCHIO My pick: Short Aussie dollar-yen, euro-yen and dollar-yen Expertise: Fundamental and technical analysis Average time frame of trades: A few hours to a few days The Bank of Japan’s policy meeting on 22 January should formally usher in new ultra dovish monetary policies. The yen remains oversold – we recently saw [...]
Figures to show the state of the UK economy as Davos meeting begins January 20, 2013 FIGURES this week from the Office for National Statistics will reveal whether the UK economy shrank in the fourth quarter of 2012 and over the year as a whole. “We expect the economy to have contracted by 0.2 per cent quarter-on-quarter in the fourth quarter of last year which would limit year-on-year growth to 0.2 [...]
US earnings likely to push stocks higher January 20, 2013 WITH earnings momentum on the rise, the S&P 500 seems to have few hurdles ahead as it continues to power forward, its all-time high a not-so-distant goal. The US equity benchmark closed last week at a new five-year high on strong housing and labour market data and a string of earnings that beat lowered expectations. [...]
There are pitfalls to avoid when filing your tax return January 20, 2013 THE online tax return deadline – the paper return deadline has long since past – is at the end of this month (31 January). The process is a dreaded one, but it is important to get it right. Recently the number of people who are self-employed has been on the rise – but they’re not [...]
Tying the knot can help you maximise your allowances January 20, 2013 WHEN it comes to tax, we don’t often have a lot to cheer about. That is unless you have tied the knot, since married couples and civil partners have some juicy advantages. Planning in advance, and seeking expert advice, can prove an efficient way of maximising your joint tax allowances. INVESTMENT INCOME The income tax [...]
Entertainment pros who thought outside the box January 20, 2013 WHEN Michael Comish and Adrian Letts first met, they prefaced everything they said with “just so you know I’m not stealing your idea, here’s what I think”. They needn’t have worried. What emerged was a concept that seems so obvious now it may leave you pondering that frustrating question: “Why didn’t I think of that?” [...]
The cosmetic confession of a sheepish looking Frankenstein January 20, 2013 I LOOKED like something out of a Frankenstein movie, but it was going to be a fun party and I didn’t want to miss it. Fingers were soon being jabbed towards my forehead by friends who looked puzzled and slightly repulsed. “What happened to you?” they demanded. I had dotted lines of dark and blotchy [...]