As we progress into the New Year and global investors review their portfolios for the upcoming 12 months, I believe the economic peak opportunity will likely be towards the end of the first quarter.
Until that time, we’ll see rising unemployment and central banks will likely maintain their aggressive language in a bid to curb inflation – which should be down sharply from current levels by then. Particularly as demand for staff is declining rapidly, helping to ease wage Read More
This, or variations of it, has been the headline that has gone around the world’s financial press in the last few days.
Bloomberg, International Adviser, International Investment, News24, and South Africa Financial News, amongst many other esteemed media outlets, have covered the news that the Tribunal of South Africa’s Financial Sector Conduct Authority (FSCA) has overruled officials at the watchdog in a case against me after the Read More
The latest Federal Reserve meeting minutes published on Wednesday appear to indicate the U.S. economy is heading toward a recession.
The minutes showed the central bank is maintaining its cautious stance on inflation, with officials in agreement that rate cuts shouldn’t take place this year. “In view of the persistent and unacceptably high level of inflation, several participants commented that historical experience cautioned against prematurely loosening monetary policy,” Read More
It’s 2023, Happy New Year! What’s in store for the year ahead for investors?
We expect there to be four principal investment themes investors will be focusing on and positioning for this year to grow their wealth.
Last year, global stock markets declined by as much as 18% on average, whilst bond markets – typically seen as a safe haven during periods of volatility – have fallen by an average 12%. Speaking of corrections, the crypto one in 2022 was especially Read More
I am thrilled that deVere-owned WPS Advisory has been named ‘Best Retirement Advisory - United Kingdom 2022’ by Pan Finance International in their highly esteemed annual awards.
This accolade as the UK’s Best Retirement Advisory highlights the unmatched expertise and commitment of the whole team at WPS Advisory.
As I was quoted by Always Finance, and other media, I’m especially proud as it, quite rightly, acknowledges and shows how this company – operating in a highly Read More
Although stock markets across the globe have been spooked over the recent protests in China against the government's zero-Covid policy, investors must be prepared for an imminent sharp rebound.
Thousands took to the streets after 10 people lost their lives in a fire in a high-rise block in Urumqi, western China, last Thursday. Many are of the opinion that the strict Covid restrictions contributed to the fatalities.
As Asia trade opened on Monday, the Hang Read More
UK Chancellor Jeremy Hunt has brought back a degree of market credibility with his Autumn Statement, but the signalled support for rate hikes implies more pain for people in Britain.
Hunt announced a series of stealth tax hikes and spending cuts within Thursday’s budget. Some of the measures include:
· 45% additional rate tax threshold is reduced from £150,000 to £125,140
· Personal allowance, 40% higher rate Read More
The Bank of England is deliberately driving Britain into a recession, and you need to act now to safeguard your investments.
The key rate was increased by 75 basis points on Thursday, moving up from 2.25% to 3%, the highest seen since 2008.
Of course, and as I was quoted by The Daily Express, Fintech Finance News, exchangerates.org.uk and Fortune Herald, amongst other media, the Bank of England is in a difficult position, tightening monetary policy after inflation reached a Read More
Liz Truss stepping down from her role as PM after just 45 days will only heighten financial markets’ fears as political chaos in the UK worsens.
We’ve seen over the past few weeks how unforgiving the markets are when the Pound plummeted to all-time lows against the Dollar, gilt yields rose, and stocks markets dipped due to irresponsible economic policies set out by the Truss government.
Yet despite Truss’s resignation today, I don’t think this will signal an end to the Read More
We’ve made the decision to temporarily close deVere’s property investment division, with immediate effect, as inflation fears throughout the country heighten.
The availability of credit was a concern and, as such, an imminent decline in property prices, so all property investment projects will be suspended for now.
Of course, we realise that many clients across the globe will be concerned about current mortgages and protection, which is why we’ve set Read More
With the Federal Reserve meeting underway, investors shouldn’t panic about the latest announcement and stick to basic investment fundamentals.
During this two-day meeting, it’s widely predicted the U.S. central bank will hike rates by a further 75 basis points.
Once again, we can see the Fed is driving investor sentiment, stock markets and decision-making.
As I was quoted by MSN Money, Financial Mirror StockHead and Financial Express, amongst other media, only last week Read More
The Ethereum Merge has happened. It’s here. And I believe it’s a landmark, historic moment for the cryptocurrency market as a whole.
This major network upgrade sees a move to a new operating model that will utilise 99.9% less energy and reduce supply of the world’s second largest cryptocurrency.
As I was quoted by CNBC, International Investment, Financial Mirror and Tech Round, amongst other media, The Merge has been years in the making and this overhaul of the most Read More