The whole economic picture for the UK and maybe for the world is still uncertain. Despite the super-computers running economic models and expert economists making their predictions, the economic future looks even more unpredictable than ever. The future for the UK is even more unpredictable because of uncertainty caused by Brexit.
Pharma in focus
Pharma in focus was really the theme of the week with Immupharma soaring as trials of its Lupuzor drug appear to be successful. The inventor of the drug is also due to give a lecture on the developments which is expected to be positive news. In early trading today, many investors were selling and taking profits and so quite a big drop this morning. (more…)
It’s good to be thrifty and prepare for the worst. Remember the ‘credit crunch’ when food prices soared and petrol prices nearly hit 1.50 a litre? According to an economist at RBS (yes, the bank that messed up that we had to bail out) another stock market crash is coming in 2016. (more…)
The all share index on the London stock market is down nearly 4% this week, which is a lot for small private investors. There are some bargains to be had but falling markets have had a devastating effect on the value of portfolios in recent months. We have to think long term and consider buying. (more…)
I used to have the odd afternoon betting on horses on Betfair and trying to not only place bets, but to lay bets too. Now I watch the stock market instead. Some would say I’m still gambling, but we gamble all the time anyway. Life has it’s risks and we have to avoid dark alleys, but not allow fear to stop us taking risks altogether. We have to be brave and live life. (more…)
I bought shares in another AIM company this week. As usual I invested half of my usual minimum amount and got a discounted dealing commission. It’s even more important on the AIM to limit your risk by investing less and diversely. (more…)
There has been a lot of talk about ‘recovery’ in the UK ever since the financial crisis began, but have there been any real signs of recovery? Apart from the rich in London buying multi million pound homes. The deficit is falling? That just means they are borrowing less than last year, the debt continues to rise. (more…)