The verdict is in – and Labour won’t like it
Post-Budget Britain Faces Challenges Amid Trump’s Victory As the world reacts to Donald Trump’s unexpected return to the White House, attention must also be paid to the issues facing post-Budget Britain. Both Trump and Keir Starmer are tasked with addressing the concerns of disillusioned voters who are seeking improvements in living standards. Labour has outlined […]
Markets react to the Budget’s good, bad and ugly
The aftermath of the 2024 Autumn Budget did not result in a chaotic “mini” Budget meltdown, but it also did not meet the high expectations set by the chancellor. Rachel Reeves, in her first fiscal event, aimed to demonstrate her commitment to supporting UK economic institutions and achieving fiscal balance. Investors were reassured by news […]
Why contrarianism is a profitable strategy
In the world of investing, it is common for humans to create simple narratives to explain complex phenomena. However, relying on these narratives can be a risky strategy. Financial journalists often attribute price movements to neat causal relationships, such as the rise of populism leading to increased fiscal deficits and higher bond yields. While these […]
An opportunity as Novo Nordisk loses momentum
Novo Nordisk A/S (DK:NOVO.B) has faced a significant drop in its market value, losing a fifth of its worth since the end of June. This decline came after the Danish pharmaceutical company announced plans to invest around $4 billion in expanding its US manufacturing facilities to meet the growing demand for its obesity and diabetes […]
Why populism increases interest rates
The days leading up to an event are always filled with uncertainty and speculation. This has been evident in the recent fluctuations in the US election polls, which have had a significant impact on prediction markets, as well as bond and stock markets. Currently, the prevailing sentiment in the market is that Donald Trump will […]
What Labour’s Budget means for the UK economy
Rachel Reeves recently unveiled her Budget, walking a fine line between protecting public services, boosting investment, and maintaining fiscal credibility. With a pledge not to increase taxes on ‘working people’, Reeves emphasized the need to create “wealth and opportunity for all” through increased investment in the economy. One of the key announcements in the Budget […]
How the US election could affect markets
As we approach two major macroeconomic events this autumn, the anticipation and speculation are at an all-time high. With Labour’s first Budget in 14 years set to be announced on Wednesday and the upcoming US presidential election in November, the financial world is on edge. The Budget coverage this week has already begun to hint […]
JD Wetherspoon and the Tim Martin effect
Tim Martin, the founder of JD Wetherspoon, has had an incredible journey since opening his first pub in 1979. Originally named Martin’s Free House, the pub was later rebranded as JD Wetherspoon after a teacher who doubted his potential. Despite humble beginnings, the company now boasts 800 pubs and is valued at over £900 million, […]
Beware of neurotic companies – Investors’ Chronicle
Neuroticism, one of the ‘Big Five’ personality traits, can have a significant impact on how individuals respond to stress and perceive challenging situations. High levels of neuroticism indicate a decreased ability to cope with stress and a tendency to view obstacles as insurmountable. While there may be a genetic component to neuroticism, research suggests that […]
De La Rue offers a potential 30% upside
De La Rue (DLAR) has seen a positive trend in its share price since June 2023, starting from a low point. The recent news of the company selling its authentication division to US-based Crane NXT for £300mn has further boosted its valuation. This deal aligns with the valuation of the division done by Richard Bernstein, […]