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.
- UK public-sector austerity has proved to be quite a disappointment on all fronts
- What are the prospects for a Base Rate rise in the UK?
- What will central bankers be discussing at Jackson Hole?
- Small British businesses set to create 1.9m new jobs
- People turning 65 this year can expect to live nearly 20 years
- Does a ten year bund yield of 1% mean deflation?
- Taking advantage of the new pension reforms? Careful you don't pay tax you don't need to
- Law of averages - Investors need to distinguish between 'time' and 'ensemble' averages
- Brokers back UK house-builder Taylor Wimpey
- Mortgage borrowers in the South East and South West most concerned about future base rate rise