Markets

Jackson Hole meeting

Much is being made by the media of the Jackson Hole meeting on Friday. I think after years of stimulus brought on by the global financial crisis it has to be time to move back to a more ‘normal’ environment – whatever ‘normal’ is now. Debt has been fuelled by …

Markets

Lower on Wall Street

Lower on Wall Street. The Dow Jones Industrial Average ended lower yesterday (24/08/17) to close below 21800 at 21783. The S&P 500 closed at 2438. Investor uncertainty continues ahead of the central bankers gathering at Jackson Hole on Friday.  

Markets

Sterling stumbles

Sterling stumbles The pound fell both against the Euro and dollar yesterday (23/08/17) and continues to struggle. The pound fell to an eight low yesterday at $1.2782 Will the pound come under more pressure from ECB president Mario Draghi when he makes his speech at Jackson Hole on Friday? Fed …