Toshiba in it's heyday!

This was the famous UK advertising slogan of a once famous and proud Japanese business that later fell from grace. It became a 1980’s advertising hit for Toshiba in the UK. There was a time when more than one of your TV’s, computers, laptop’s, Hi-Fi’s, speaker systems or other essentialRead More →

UK recession risk!

The UK is at risk of recession after revised figures indicate the economy shrank between July and September 2023. A recession is defined as when the economy shrinks for two three-month periods in a row. Gross Domestic Product (GDP), which measures the health of the economy, contracted by 0.1% afterRead More →

X outage

Social media platform X suffered global outages for just over an hour on Thursday 21st December 2023. According to Downdetector, which tracks outages by collating status reports, more than 47,000 U.S. users encountered issues with X and X Pro. Some users in the UK were also unable to view postsRead More →

THERE ARE TWO I'S IN INFLATION!

UK inflation fell by more than expected in November 2023, driven largely by a drop in fuel prices. Inflation dropped to 3.9% in the year to November 2023, down from 4.6% in October 2023. Other than fuel, slowing food and household items were also behind the drop. Inflation has fallenRead More →

Nasdaq

The Nasdaq Composite index reached a new all-time intra-day of 16,764 points on Monday 18th December 2023.  This was a remarkable achievement for the index, as it surpassed its previous record of 16,729 points. The Nasdaq Composite index has been on a strong uptrend since March 2020, when it bottomed out at 3,193 points amid the COVID-19Read More →

Christmas gift

The 10-year Treasury yield slipped further on Monday 18th December 2023, as the final full trading week of 2023 gets underway. Traders are attempting to digest the ‘dovish’ tone of the U.S. Federal Reserve. The central bank held its key interest rate at 5.5% and revealed that policymakers were pencilling in at leastRead More →

Invest long-term

In 1993, amidst the hustle and bustle of family life and work commitments, I distinctly recall contemplating that should I have any disposable income, I would invest it in these particular stocks. I worked in tech running my own business and Microsoft was one of the businesses I wondered about,Read More →

AI micro chip

Intel’s new chip will go head-to-head with Nvidia and AMD Intel unveiled new computer microchips on Thursday 14th December 2023, including Gaudi3, a chip for generative AI software. Intel also announced Core Ultra chips, designed for Windows laptops and PCs, and new fifth-generation Xeon server chips. Intel’s server and PCRead More →

Deflation

Deflation is an economic phenomenon characterized by a general decline in prices for goods and services. It occurs when the inflation rate falls below 0%, resulting in a negative inflation rate.  This means that the purchasing power of currency increases over time, allowing you to buy more with the same amount of money. ItRead More →

Dow Jones Index

The Dow Jones Industrial Average (DJIA) hit a new all-time high, on 13th December 2023. It closed at 36799 surpassing its previous record of 36585points that it had set on 4th January 2022. This was the fourth consecutive record close for the index. Record high The Dow’s record high was driven primarily by theRead More →

Rudolph

Rudolph the Red-Nosed Reindeer – Rudolph is usually depicted as the ninth and youngest of Santa Claus’s reindeer, using his luminous red nose to lead the reindeer team and guide Santa’s sleigh on Christmas Eve. Though Rudolph initially receives ridicule for his bright red nose, the brightness is so powerful that itRead More →

Debt

A Downgrade Amidst Economic Slowdown In a significant development that has raised concerns among investors and policymakers worldwide, China’s debt outlook has been downgraded as the country grapples with a slowing economy. This move reflects growing apprehensions about the sustainability of China’s economic growth and its ability to manage itsRead More →

U.S. Inflation

Prices across a wide spectrum of goods and services moved slightly higher in November 2023 but were mostly in line with expectations, thus further easing pressure on the Federal Reserve. The consumer price index, a closely watched inflation gauge, increased 0.1% in November, and was up 3.1% from a yearRead More →

Gold

World Gold Council The two most significant events for gold demand in 2023 were the collapse of Silicon Valley Bank and the Hamas attack on Israel, the World Gold Council (WGC) said, estimating that geopolitics added between 3% and 6% to gold’s performance over the year. The WGC estimated thatRead More →