Jeremy and
Gareth look back over the week and concluded that it mostly lived up to last week’s billing…little major economic news; but plenty of politics in the headlines.
Bond yields globally are rising despite central bankers in general telling us that inflation is dead, although some more hawkish comments came from the Fed. Meanwhile, the IMF has raised a warning flag over the “disconnect” between risk levels and financial market performance…who knew ?
Progressive clients with news included
Gear4Music with an update showing nice quarterly revenue progression, and debt reduced, and
Thruvision delivered H1 results in line with the recent update. More broadly in the UK, we talk about Franchise Brands considering a move up to the LSE main market, Morgan Sindall doing well in the building segment and Mike Ashley moving on from Mulberry to Boohoo…
Next week for UK investors will be all about the Budget, although it’s also US jobs week with the “lottery” of non-farm payrolls on Friday which could provide someone with useful fuel to spray onto the US election fire…it should be an interesting week !