Although economic data suggests the UK economy has generally not been severely affected by the EU referendum, I expect a ‘restaurant recession’ to take place in 2017/18. The main reason for this is higher inflation caused by Brexit. Already, CPI is 1.8% and is expected to move to 3% or even 4% this year according…
Like many of its contemporaries in the mining-minnows space, it has taken a while for Bushveld Minerals (LON:BMN) to catch up with the bullishness of the giants of its sector since the beginning of last year. Although I am slightly concerned that an earlier and more aggressive interest rate hiking cycle by the Federal Reserve…
The global oil and gas industry is experiencing one of the most severe downturns in 30 years. A perfect storm of overproduction, geopolitical tensions and the long-term move towards alternative energy sources (renewables) has caused oil prices to fall to levels that are often below the long-term break-even cost of production. Although the oil price…
CeBIT, the world’s largest event for digital business, is partnering with the UK’s premier organiser of events for private investors. As a first step, Master Investor Ltd., which owns and operates the annual flagship investor event, ‘Master Investor Show’, will take part in CeBIT between 20-24 March 2017. Master Investor will operate its own area…
One of the golden rules of investment is that you should understand the businesses you are invested in. Even after interviewing Bos Global (LON:BOS), I am not 100% sure that I understand the technology. But it may not matter in the end. I have to say that the “Rocket Launcher” formation seems to be serving…
The share price of gold miner Centamin* (LON:CEY) has slumped by over 12% in the last two weeks. Apart from a 1.5% fall in the price of gold in the same time period, the only other significant news regarding the company was the sale of almost £40 million of shares by its Chairman, Josef El-Raghy.…
RIT Capital Partners (LON:RCP), the highly regarded investment trust chaired by Lord Rothschild, has recently released its annual results for 2016 and confirmed that it is maintaining its defensive positioning. The £2.9bn fund began life as the Rothschild Investment Trust and was set up to manage part of the wealth of the UK branch of…
I take a break from my normal obsession with the minnows to look at a pet favourite on the fundamental front – website ordering specialist, Just Eat (LON:JE.). What is evident on the fundamental front as far as Just Eat shares are concerned is that the company has created a dominant position in its particular…
Governments in future will be obliged to move from taxing income to taxing assets, not least in the UK. Readers with net worth equal to the value of a nice South London semi should prepare themselves for stiff wealth taxes – particularly on property – within the next five years. Especially if the Tories regain…
The tone used by the US Federal Reserve to express its attitude towards monetary policy has changed significantly since last December. With the US economy operating near full employment, the emergency stance that guided Ben Bernanke into unchartered territory has now been completely replaced by a more hawkish stance, where the doom and gloom has…
