Do macro headlines create white noise which impacts market prices? Portfolio Manager at Harris Associates, David Herro, discusses how market volatility can create opportunities to buy good business at a discount.
The IMF says Brexit could cause “severe regional and global damage” and is cutting its global growth forecast for the second time this year. A vote for a Brexit at the June referendum would disrupt established trading relationships and add to political strains in Europe stemming from the Syrian refugee crisis, the IMF’s semi-annual World Economic Outlook report […]
The ‘Panama Papers’ scandal is another potential blow to the already fragile top end of the UK’s property market For some reason, one of my favourite old Van Halen songs, Panama, was running through my head last week, especially when our beloved prime minister was trying to explain that his family’s offshore company had not […]
Easter prompted an unexpected rise in March inflation to 0.5 per cent from 0.3 per cent in February, the Office for National Statistics revealed today. Core inflation, which strips out volatile components such as food and energy, rose 1.5 per cent. Hargreaves Lansdown senior economist Ben Brettell says economists had expected a smaller rise of 0.4 […]
Prime Minister David Cameron will reportedly set out a robust defence of the right of parents to pass money to children today, after a weekend of pressure over his own finances. Cameron published a statement of his tax affairs since 2010 yesterday, in a bid to draw a line under claims he had profited from […]