Comment and opinion for retail investors in the UK
I an grateful to one of my subscribers for letting me know that this years lecture series is currently being delivered by Dr Mark Carney, formerly Governor of the Bank of England. His theme is ‘How We Get What We Value’.
The first 2 have been fascinating and take a line that somewhat surprised me – addressing the need for capitalism to reconnect with society and morality.
I listen on BBC Sounds , but I think this link will get anyone to the right place –
As today is the last day of the month, I will not post my thoughts. They will be integrated in my subscriber only newsletter for December which will be published in the next few days.
This week I will finalise my monthly subscriber only commentary – I will publish it after we have a better idea of the outcome of the US elections (I hope that will be this week!). So no Monday Mashup today because my latest thoughts will be in the Watching Brief text.
As a teaser, in addition to the prospects for Trumpty Dumpty (as named by John Lithgow), I will be expounding on the permanence of consumer spending in today’s world and the chances of a double dip recession with a look at markets from 1999-2002 as a history lesson. I will try and break through the fog on factor investing and continue showing you my nitty gritty research into funds offering future opportunities in the UK stock market.
In my opinion, not much has changed since last week for investors: the Covid pandemic maybe got a little bit worse, there was a little bit of good news on medical research, the US President maybe behaved a little bit more bizarrely, the Brexit talks maybe made a little bit of progress, redundancies were announced in all sorts of businesses and global equity markets went up a little bit. Such is our weekly routine at the moment.
So I have nothing new to say and won’t waste your time with waffle or esoteric technical stuff.
What it has occurred to me might be useful was a Q&A session every now and then.
Any reader can send me any investment related question and I will respond in the next Monday Mashup. The questions will be published but without identifying the enquirer personally, with my best attempt at an answer or at least an opinion. If I decide it is not appropriate to publish an answer, I will respond privately to subscribers in any case.
I will invite questions once a month in future.
Please do participate in this opportunity if you can because it will help all readers.
Questions can be emailed to mark@itsnotharry.com before October 18th.
This has been a difficult topic to cover without writing a short book! I hope that by exemplifying the process using the current/approaching opportunities to invest in the UK, I will add to the sum of your knowledge.
I have noticed today that the free access to Morningstar’s 2 page X-Ray is now no longer available and even users of the service via the II platform are only getting the one page report. I have asked II if this as a permanent change, as only recently they were promoting use of the service and to cut it back without an announcement seems churlish to me.
This is not a surprise because what was on offer for nought was enough of the very expensive professional offering for most private investors. I expected Morningstar to ‘monetise’ this in due course.