Cheeky Little (Online) Shopper
Are you buying a new set of clothes? Thursday’s earnings from ASOS, the online retailers showed first half profits increased 253% year on year. What does this mean? ASOS has nearly 25 million customers. Many of whom have been stuck at home and have bought more gym wear and ‘less fitted items’, like joggers and […]
Prefer to eat in! (Deliveroo flops)
After quite a few weeks of excitement and mixed headlines Deliveroo launched their IPO this morning and put simply it flopped. Shares opened down at 331p and then continued to trade poorly reaching as low as 276p. Shares seem to have stabilised at around 300, down 30% vs the 390p investors initially paid for them. […]
Biden’s First!
Earlier this week President Joe Biden delivered his very first new conference since entering the White House. He talked about quite a broad range of different issues ranging from Trump to re-election plans and of course the pandemic! President Biden during his conference promised to outspend China on innovation and infrastructure to prevent it from […]
Playstation 5 & Chips
The Playstation 5 was launched late November last year, globally by Sony to huge fan fare and some great reviews by those who managed to get hold of them. “The result is a console that we can’t help but be impressed with, and it helps that it has a compelling lineup of games to play […]
The Danger of Leveraged ETFs
Over the last few years we have seen a real increase in the range of different and exciting ETFs available within the market. They range from regular broad market tracking products to very special niche products. For instance there are now several ETFs that tracks the performance of companies involved in the production of cannabis. […]
Money Beard WiR for weekend ending 12 March 2021
This was the week that the 10 year US treasury note reached 1.64% on Friday afternoon – a level not seen since January 2020! TECH TECH TECH – The market’s sweet spot turning somewhat sour? We’re halfway through March and it hasn’t exactly been easy! A lot of focus again on interest rates and that […]
Bubbles go Pop!
Excitement around (Electric Vehicles) EVs over the last few months looks like classic bubble trouble! We’ve already had: allegations of fraud at Nikola Corp [NASDAQ: NKLA] hubristic / crazy / cult-leader like CEO Elon Musk at Tesla [NASDAQ: TSLA] dubious business model listing – SPAC crazy hair-raising valuations that seem almost impossible to live up […]
WiR – Ending 5th March 2021 – What about the Farmers?
Congrats! Another week done and dusted! On the markets side it continues to be an exciting, fast-paced, and volatile environment. We may be ending the week with the S&P up 0.81% but it has had quite the intra-week rollercoaster. The power of a strong opening The market opened up strong and firm on Monday morning […]
What to expect when you’re expecting March
Over the course of February we have seen the ramping up of the rollout of Covid-19 vaccines across the world but particularly in the US. Joe Biden recently announced that he expects every American adult to have been offered their first jab by the end of May 2021. This is a huge positive development for […]