Technology stocks remain incredibly popular in 2023 where many of the largest US investment funds are being blocked from buying more, due to diversification rules. The S&P500 index has grown 18% this year, however seven large technology stocks have accounted for the majority of the gains. For example, Fidelity’s $108billion Contrafund, could not buy any… Continue reading What Are The World’s Largest Hedge Funds Investing In?
Inflation is a problem that most of the developed world has been grappling with, however the UK has stood out in terms of severity. Data released on 16 Aug shows that UK inflation has slowed to 6.8% in July compared to the 7.9% in the previous month. Removing food and energy prices, core inflation rose… Continue reading UK inflation falls, but is still the highest across developed countries
Earnings for Apple & Amazon released recently saw Amazon shares close more than 8% higher, whilst Apple suffered a 4.8% slide. Amazon’s shares closed near a one-year high, adding more than $109 billion to its market value whilst Apple fell to a more than one-month low, losing around $144 billion at the recent Friday close.… Continue reading Apple in crisis… For now
China’s emergence as one of the last countries to come out of global lockdowns should in theory have boosted the global economy, however continual disappointing data is giving investors and policy makers many reasons to be cautious. Chinese stocks had begun the year with high levels of growth, however since the January peaks, they… Continue reading China’s Economy Continues to Struggle
The yield curve is generally considered to be the number 1 indicator in predicting a recession. By definition, it tracks interest rates across different time periods, from one month to 30 years, and the slope of the curve helps predict future interest rate changes and economic activity. It is known that the longer you borrow… Continue reading Yield Curves and a Possible UK Recession
JP Morgan, Citi, and Wells Fargo comprise the three largest US banks, and they all have surprised everyone with very good results on Friday due to a surge in profits. The key catalyst of the profits has arisen from charging more for loans due to the successive Federal Reserve rate hikes. It wasn’t long… Continue reading US Largest Banks Beat Expectations
Where To Next For UK Stocks And The FTSE 100? In this article we are going to look at the prospects for the FTSE 100 into the balance of the third quarter and onto year in 2022. The UK benchmark index has been relatively a performer compared to its European and US counterparts throughout this… Continue reading BFL Focus: Technical Outlook and Sector Overviews of the UK Stock Market
The Bank of England meets this week on Thursday 4th August and there is growing expectation for a rate hike of 0.5%. A rate increase of this magnitude has not been seen for 27 years, since February 1995, but has been a reaction to still climbing inflation which is currently running at 9.4% in the… Continue reading Bank of England Focus – Where Next for Rates?
Since our last blog on the race to become the next UK prime minister (PM), BFL Explainer: The Race for the Next UK Prime Minister, the candidates have been whittled down from eight to the last two. These are Liz Truss, the current Foreign Secretary and Rishi Sunak, the former Chancellor of the Exchequer. In… Continue reading The Race for the Next UK Prime Minister – Revisited
This has been as a busy week for headline UK economic data, with both the employment and inflation reports released. Inflation is still running hot, whilst the labour market seems robust, despite the interest rate hikes we have seen since December 2021. The FTSE 100 has rebounded strongly over the past week, having built a… Continue reading UK Inflation Still Running Hot: Economic Data and Earnings Recap and Outlook