Category: investing
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A good end to the week? #financefriday
I have been watching the stock market this week and it was a dire week. I might pull back those losses today though. Oil majors and banks are up today and as long as the market doesn’t tank in the next hour I should end the week very much as I started it. In the […]
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Energy bills and discretionary income #finance
The energy price cap in the UK went up yesterday to over £3,500 a year. Discretionary income is the income that we have left after we have paid for all the essentials like food, shelter, energy, water and communications. After this cap comes begins in October many people will have no discretionary income. People on […]
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Discretionary income and inflation #financefriday
Inflation is eating away at our discretionary income. Many people have no discretionary income when they have paid for all the essentials like food, housing, energy, taxes and telecoms. We can keep tabs on our energy consumption and we need to do that as winter approaches. Changing our habits can shave bits off our energy […]
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Hasta la vista, baby #financefriday
Yes, Boris is on his way out and I think Rishi Sunshine with the permanent smile will be in. Boris, uttered that well-known phrase, Hasta la vista, baby, at the end of PMQs. I assume it was directed at the Speaker. Commentators have suggested that he was hinting at the fact that he intends a […]
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Producing more oil? #financefriday
President Biden was in the Middle East this week talking down the oil price. He has been critical of Saudi in the past but now wants them to increase the supply of oil. The talks did drive down the oil price and the share prices of oil majors. That made me think it might be […]
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Buying the lows #financefriday
This is my first post this week. I’ve had internet problems since last Friday. I now have super-fast full-fibre but I’m waiting for the router to be delivered to connect it! Political change We are seeing political change here in the UK with the Prime Minister, Boris Johnson on his way out. He was at […]
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Economic ideas #financefriday
The world economy still looks like it slipping into recession. The heads of the central banks say they have the “tools” to control inflation but inflation is way beyond the 2% target in the UK. Stock markets Stock markets have been volatile again this week. the high oil price is feeding through to keep inflation […]
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Oil, gold and crypto #financefriday
Oil The oil price has been volatile this week and so too have the share prices of the oil majors. With the war in Ukraine showing no sign of ending anytime soon, we can expect the oil price to stay over $100 a barrel long into the future. The summer has only just begun but […]
A Zillion Ideas 