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.
- Car insurance premiums start to rise as fake whiplash claims continue to plague insurers
- Lenders cut mortgage rates to record lows
- Pensioners could be hit with 45% tax charge shock when new freedoms kick-in
- Disappointment as Government's Pensioner Bonds will not pay monthly income
- Tesco chairman steps down as group confirms it actually overestimated its half year profits by £263m
- GSK is a "buy", but pharmaceuticals still under pressure says Share Centre
- As Junior ISAs mark their third birthday, Child Trust Fund savers need to weigh-up their options
- Lloyds expected to axe 9,000 jobs over the coming three years as part of strategic review
- Equity market volatility: A simple correction or the beginnings of a bear market?
- Is the bull market in shares now under threat?