On Target 2021.10.09
There are good reasons why investors should feel nervous about the immediate future. Although the world economy as a whole has recovered to where it was before the pandemic, many parts of it have been seriously damaged.
There are good reasons why investors should feel nervous about the immediate future. Although the world economy as a whole has recovered to where it was before the pandemic, many parts of it have been seriously damaged.
Brexit – Britain’s departure from membership of the 28-nation European Union – appears to be about to happen after 3½ turbulent years of preparation and political drama. It’s set to occur at Halloween, the day of the ancient Festival of the Dead… October 31.
Last month I reported the forecast by precious metals specialist Incrementum that if the gold price made an upside breakout beyond $1,360/80 an ounce – a key chart resistance level – then a price of $1,800 would seem to be within reach in the medium term.
History has been marked by periodic arms races – competitive rapid increases by rival states in peacetime in the quantity or quality of instruments of military power.
In managing our lives, and in particular our money, we make mistakes because we’re humans, not machines or pieces of code. They’re mistakes rooted in the ways we behave. Increasingly those ways are explained by scientists in the field of what is known as behavioural finance.
In this issue: Shares outlook, Europe’s problems, Buying property, Buybacks, Zweig’s checklist, China, Waste recycling, EU and US.
Our Diamond Wedding, which Liz and I have just commemorated, got me thinking about what are the factors that make for a happy marriage… in this case for 60 years.