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.
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- Five funds to weather the bond market storm
- Right to Buy extended to 1.3m housing association tenants, but Shelter warns of trouble ahead
- Ryanair finds it pays to be nice as profits soar 66% on customer service drive
- Personal allowance to rise with minimum wage
- Watchdog investigates as thousands of vulnerable customers are switched to pre-paid meters
- Government pledges no income tax rises for five years, plus other Queen's Speech news
- Regulator looks to fine three men £80m over sales of 'death bonds'