Five things investors learned last week
- 21 December 2013
1) The Federal Reserve has started tapering by $10bn a month with markets calm and even benefiting.
2) Yet Bank of England governor Mark Carney acknowledges the great risks to the economy of unwinding quantative easing.
3) Hargreaves Lansdown has suggested the Invesco Perpetual allows free switches from its funds into Neil Woodford’s new venture as Citywire reports.
4) UK growth continues to be revised up with the ONS saying September2012 to September 2013 saw growth was 1.9% as it revised figures for previous quarters.
5) Gold has suffered its largest falls in 30 years in 2013 as Investment Week reports.
- Falling UK real wages cannot be covered up with housing market subsidies forever
- The UK economy gets quite a boost from the official statisticians
- How long can France afford its economy to continue stagnating for?
- Three stock picks from F&C European Small Cap manager Sam Cosh
- Government to abolish 55% death tax on pensions
- Just one year to go before Britons can get up to £1,300 a year in State Pension top-ups
- Osborne's move to abolish 55% tax on inherited pensions: Expert reactions and commentary
- Mindful Money's weekly shares watch: Sainsbury’s, Wolseley & Compass
- Mortgage price war continues
- Sainsbury's ad blunder causes Twitter storm