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.
- Borrowers urged to act now as mortgage rates start to rise
- Government makes £1bn loss selling portion of RBS stake
- House prices tick up in July, while homebuyers save £275m on stamp duty
- China - beware the noise markets and the über bulls and über bears
- Spot the Dog: Under-performing fund managers named and shamed
- Government launches major review to “radically improve” access to financial advice
- More than one in 10 holidaymakers will not purchase travel insurance
- Greek shares collapse by more than 20% as its market re-opens for business
- The four key factors influencing the direction of European equity markets
- Government sells off a further 1% of its stake in Lloyds Banking Group