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.
- Investors should prepare “to take advantage of the fallout" from US Federal Reserve’s inevitable rate rise
- Barclays current account scheme lets you earn up to £180 per year in rewards, but is it as good as it looks?
- Divorce costs £2,100 per year in lost pension income
- Penury in the UK: A third of Britons used to being totally skint
- Relaxing retirement? We want to work, say pensioners
- Mobile customers are wasting £355m per year on handsets they have already paid off
- Adult children living the ‘life of Riley' by staying at home with their parents
- 200,000 calls in first week of pension freedoms
- Til debt do us part: families sitting on a funeral 'time bomb'
- Unilever’s sales boost represents good news for investors