It's been a good year for stock markets. In particular, European and Japanese markets have made large gains. There is a lesson here for all investors: despite a poor economic backdrop, stock markets can perform well. This is often because much of the bad news is priced in and markets are focusing on improved corporate prospects. Similarly, it shows the most uncomfortable investment decisions often turn out to be correct.
Julian Knight wonders where’s the best place to find a bargain
Worries over economic impact of US budget deal hits stocks
At the time of writing, the UK stock market, as measured by the FTSE All Share Index, has fallen around 7 per cent from the high it reached just a few weeks ago.
Forecasters have called the top of the bond market on numerous occasions over the past two years, but gilts have resolutely not behaved in the way in which many bond fund managers expected. Today, 10-year gilts are yielding 1.9 per cent. Yields may have touched a low of 1.4 per cent last summer, but in reality they have settled in a tight trading range.
Chancellor George Osborne’s accent in Tuesday’s speech about welfare was roundly derided for its mockney burr.
Crashing out of Europe can mean very different things to different people. Manchester United's early exit last year from the Champions League spelled a big hit to revenue and pride. George Soros, in contrast, made his name, and perhaps a billion pounds, when his Quantum fund bet that Britain would have to leave the European Exchange-Rate Mechanism in 1992. The octogenarian financier has now turned his attention to the Premier League giants. That could help lift investor sentiment about the recently floated Red Devils.
The leaders of Germany, France, Italy and Spain gathered in Rome today to seek agreement on ways to pull Europe out of its crippling debt crisis.
G20 communique hints at new approach to helping weaker European economies, report David Usborne in Los Cabos, and Ben Chu
Whatever the Chancellor's personal standing with the public, urging pension funds to invest in capital projects is a good idea
Choose stocks avoiding the number 13 and using rules based on cycles of the moon
Tesco Bank is offering a tempting, 5 per cent a year until 2020 in its latest offering.
Negative headlines shouldn't mean investors have to shun the eurozone.
Our list of winners and losers could help you make the right choice for your investment.
Greece has cleared a major hurdle in its race to avoid bankruptcy by persuading the vast majority of its private creditors to sign up to the biggest national debt writedown in history, paving the way for a second massive bailout.