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.
- Children's school bags now contain an average of £270 worth of gadgets
- More than half a million over-40s plan to use their pension to repay their mortgage
- Global stock market crash is “timely” for long-term investors and the economy claims financial adviser
- European markets dip again on ongoing China fears
- Is this the start of a bear market?
- WPP is a 'buy' for Share Centre on mixed results
- Will you still need to carry cash in five years' time?
- Why you should invest in emerging markets now
- US economy grew by far more than initially thought in the second quarter, official numbers show
- Local authorities instructed bailiffs to collect debts on 2.1m occasions last year