Market falls: cause for alarm or calm? October 26, 2018 | City Talk Stock markets globally have been falling since the end of September. Economic worries including a potential trade war between the US and China, currency crises in Turkey and Argentina, debt problems in Italy and rising interest rates have seen stocks globally begin to fall from record highs. As the chart shows, since 31 August emerging [...]
Stock market slide continues after Amazon fails to deliver the goods October 26, 2018 The UK stock market slide has continued this morning after disappointing overnight results from US tech giants Google and Amazon. Joshua Mahony, market analyst at IG, said: “European markets are in decline yet again, with the stock market rout that has dominated throughout the month of October showing little signs of letting up.” The FTSE [...]
The one-word secret of the greatest investor you’ve never heard of October 24, 2018 | City Talk Type a phrase such as ‘world’s greatest investors’ into Google and Philip Carret’s name is unlikely to crop up. And yet, as the following chart shows, for sheer longevity of success, he is one of just a handful of investors who can be mentioned in the same breath as Warren Buffett. That is why his [...]
Lovin it: Rising international sales give boost to McDonald’s shares October 23, 2018 McDonald's reported a 4.2 per cent rise in global sales during the third quarter of 2018, pushing its Wall Street shares up three per cent after the opening bell. Strong demand from the fast-food chain’s international markets helped boost its results this afternoon, in the wake of rising sales in UK, Australian and Japanese markets. [...]
Reading week picks: Will these two books make me a better investor? October 18, 2018 | City Talk For one whole week this summer, the value investment team I lead at Schroders held its inaugural Reading Week – all heading to our respective homes to read books. To be very clear, great care was taken to ensure no portfolios were left unattended and we could always be contacted. Nor, just in case you [...]
London’s status as a tech hub helping drive transatlantic deals October 11, 2018 London's status as a hub for technology and financial services is helping drive a strong flow of deals between the US and the UK according to audit firm Deloitte. Deloitte said deal volumes between the UK and US “remained buoyant” in the first half of 2018, with 238 completed deals in the period. There were 152 [...]
Global equity bloodbath plunges FTSE 100 to six-month low October 11, 2018 A GLOBAL equity bloodbath plunged the FTSE 100 to its lowest level in six months on a “gut-churning” day for investors. The sell-off began in the US on Wednesday before spreading to Europe, Asia, and trading floors across the world on Thursday. Global growth concerns, the prospect of higher US interest rates, as well as [...]
Five charts that explain the case for emerging markets October 8, 2018 | City Talk Investors generally understand the importance of emerging markets in terms of their economic impact but, perhaps due to lack of knowledge, often struggle to know how best to reflect this in their portfolios. Those investors have ignored what are some of the world's best-performing financial markets since the turn of the millennium. What is more, [...]
Bull market: New version of Wall Street’s iconic ‘Charging Bull’ goes under the hammer later this week October 1, 2018 A new version of the Charging Bull, the dramatic sculpture which has become a symbol of Wall Street, goes on sale in London this week. The highly-polished bronze by Arturo di Modica features in the sale of 20th century and contemporary art by auctioneers Phillips on Thursday, City A.M. can reveal. At 6ft long the [...]
Global league table of ‘caring’ investors: Americans more focused on sustainability than Europeans September 20, 2018 | City Talk The US is the only developed country to make the top 10 of a sustainable investment league table that gauges consumer habits and investing actions. Countries in the developing world dominated the top ten while European countries occupied the middle and lower half of the league table. The results of the Schroders Global Investor Study [...]