Ken Baksh – October market report…..trickery or treats!

October 2018 Market Report During the month to September 30th, 2018, major equity markets again displayed a mixed trend, rising by 1.19% overall and the VIX index fell. There continued to be an abundance of market moving news over what is traditionally a quieter month, at macro-economic, corporate and political levels. The European Central Bank […]

Headwinds and Challenges Impact Reckitt Benckiser

Travis Perkins TPK The real truth about the state of the UK economy is beginning to bite. With like for like third quarter sales growth falling to 2% and an uncertain UK outlook, TPK is to close over 30 branches and 10 distribution and fabrication centres. In addition challenging market conditions led to Plumbing & […]

Beware London Property & South American Mining

Foxtons (FOXT), London’s leading estate agency, says it had an encouraging second half and that 2015 as a whole was solid, which is presumably why the share price has collapsed over the past 8 months. The truth about the London property market and it is good news, (except perhaps for Foxtons) is that Land Registry […]