Share Prices & Market Data

No change, for the Federal Reserve told the market yesterday. On balance, the monetary committee noted that “…economic activity has continued to expand at a solid pace. Job gains have remained strong, and the unemployment rate has remained low.” More importantly, the Fed statement noted that “inflation has eased over the past year but remains elevated.”

France sent shockwaves through the market on Monday when president Macron called a snap legislative election the previous evening. “France,” he asserted boldly, “needs a clear majority in serenity and harmony. To be French, at heart, is about choosing to write history, not being driven by it.” The reason for this sudden political decision was to

“If something cannot go on forever,” observed economist Herb Stein, “it will stop.” Saying a simple thing like that doesn’t mean people will remember it. Occasionally, emotions take over. Caution is abandoned. Dancing only stops when the music stops. Right now, to paraphrase the former Citi CEO Chuck Prince, many are still dancing (wildly). Of

Burberry’s share price has halved over the past year despite rising national wages potentially boosting consumer spending.  The luxury brand now rests around 1,200 just above decade-old support levels that if broken could result in a further move down. UK Nominal Wage Growth Better Than Expected In the UK, wages are rising again. Latest data