BRACE FOR INTEREST RATE RISES

10 October 2021Petrol - isnt this where fears of inflation started? There's all you need to take your kids to school, we are told, it's in the country somewhere, just not in the right places. So it's only haulage.Later, we are told it is a multitude of small, short-term issues, of which panic-buying fuel is but the latest, and once we're through we'll be in global-Britain times enjoying our prosperity, power and independence to...

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PRODUCTIVITY IN THE UK ECONOMY

10 October 2021At last week’s Conservative conference, the Prime Minister championed a high-wage, low-immigration economy driven by high productivity, accusing firms of being drunk on cheap labour from abroad. But unless productivity is also there, it will simply lead to higher inflation and require a more stringent response from the BoE.For all the PM’s urging, growth in productivity, which allows the economy to get more bang for...

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"SPILLOVER" - EUROPEAN INTEGRATION AT WORK

8 October 2021The EU would be fine if it stuck to matters of ISO trade standards. The EEC was OK wasn't it?It has well overstepped the mark with its claim to sovereignty over nation states. If it could restrain itself to a trade body such as the IEEE that would be fine.Instead, this creeping federalism, where it bribes trade bodies into accepting its constitution by offering subsidies, offering control through the ECJ, and in return...

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PAULA REGO at THE TATE BRITAIN

7 October 2021 *Paula Rego at Tate Britain I have a ticket to see paintings by a Portuguese artist, Paula Rego, at Tate Britain on Friday. *About Rego is an artist who is fascinated with storytelling. She is especially interested in stories of women battling with their fears and desires. She explores adults’ cruelty and children’s wildness and in her paintings, her stories tell of dangerous adventures. She tries...

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PORTFOLIO STRATEGY IN THE NEW ECONOMY

6 October 2021"Weather the expected downturn and wait for stability to return."Question about strategy in these times of crises and change and in particular, how to deal with inflation.We may be entering a very different economic environment. Just had an email from a reader who is a Royal Bank of Scotland pensioner on a company pension. He was surprised to learn that their annual increase whilst tied to inflation is capped...

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BEST INDEX FUNDS FOR GLOBAL STOCKS: AN ETF STRATEGY

Best Index Funds for Global Stocks, Part IPart I - Strategy(Part II - SetupPart III -Operations)BackgroundStrategyTiltsModern Portfolio TheoryStrategic allocation rules“Core and satellite” portfolio designScreen for compliant ETFsSummaryBackgroundWithout enough knowledge or time to make a sound call, some investors nonetheless try to pin the tail of a stock they hope will outperform, on the donkey of all stocks in the market. The alternative...

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WORK FROM HOME or LIVING AT WORK

And parents were supposed to work from home and teach their kids. Work, with the kids under their feet all day. Teach, with neither the knowledge nor the pedagogy. A giant exercise in crowd management. Scare them into lockdown, then busy them to keep them from rioting. But it worked. Boris got his covid programs through. Just mental illness soared and other diseases flourished.Terrible times, empty memories. Time...

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BENEFITS OF COOPERATIVE SOLUTIONS FOR IRELAND

4 October 2101 Aligning tax regimes North and South on 12.5% is a very pragmatic solution  and would satisfy the US and in any case the South is likely to accept 15% if it remains in the EU.Pragmatic, except that it would further align the N S economies and distance NI from GB, further opening the road to a united Ireland. Could Westminster not grasp the nettle, see the writing on the wall, look over the horizon a little? I...

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THE KINGDOM'S RENAISSANCE HAS BEGUN

In his speech this week, Lord Frost will seek to defend the Government's record since Brexit, highlighting new free trade deals, the points-based immigration system and plans to overhaul data laws and repeal reams of retained EU law that no longer works for the UK.  ‘The British renaissance has begun’ Outlining the Government's desire to bring about a “British renaissance”, he will go on to state: “All history, all experience,...

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A METHOD TO VALUE A COMPANY: TANGIBLE SHAREHOLDER SURPLUS

Bogdan Branislov 2 Oct 2021 10:31AMClive Woolley - I replied to you last comment on the BAE (22nd sept) thread, albeit a bit belatedly, so I have copied my reply here:Clive - looks correct to me and certainly the final figure is very much in the right area - I may sound vague here, but the TSS moves every day a little with the share price of course.I use data which gives the net total assets from which I deduct the intangibles, same result your way so that is fine.This is obviously a screening exercise and there are other factors that you...

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PETROL SHORTAGES : THE LONG AND SHORT OF IT

Petrol - there's all you need to take your kids to school. We are told it's in the this country somewhere, just not in the right places. So it's only haulage. We are told it is a multitude of small, short-term issues, of which panic-buying fuel is but the latest, and once we're through we'll be in global Britain-times enjoying our prosperity, power and independence to the max. But as you say, will we? As it feels as though the situation...

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