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.
- If UK house prices are peaking then what happens next?
- UK monetary policy is expansionary for banks and housing but what about exporters?
- Eurozone money numbers better, early QE unlikely
- Savers put record amount in stocks and shares ISAs
- Possible flight disruption from Icelandic eruption - travellers warned to check their insurance policies for exclusions
- Tesco in trouble after profit warning and divi cut but analysts hold on
- Open, not shut, case - Extra information can be a bad thing if you do not keep an open mind
- 2.5m PPI cases to be reviewed over unfair rejections and pitiful payouts
- TSB offers borrowers council tax cashback but how do its mortgage rates stack up?
- Adviser banned after investors lose £30m in unregulated property funds